On the morning of the 3rd, the KOSDAQ market showed a strong upward trend, prompting the activation of a 'sidecar' to suspend the effectiveness of program buy orders.

According to the KOSDAQ Market Headquarters, the sidecar was triggered at 10:28:08 a.m. on the same day in the KOSDAQ market. At the time of activation, the KOSDAQ 150 futures price recorded 1,257.30 points, soaring 75.80 points (6.41%) from the previous day's close of 1,181.50 points.

At the same time, the KOSDAQ 150 spot index also stood at 1,252.72 points, up 38.12 points (3.13%) from the previous day's close of 1,214.60 points.

Accordingly, the Korea Exchange suspended the effectiveness of program buy orders for the next five minutes due to the sharp fluctuations in the KOSDAQ 150 futures and spot index. This measure was implemented based on Article 13 of the KOSDAQ Market Business Regulations and Article 14 of the Enforcement Detailed Rules of the same regulations.

As the market is currently showing a clear bullish trend, attention is focused on whether this upward trend will be maintained until the closing price.