The Korea Exchange activated a 'buy-side sidecar' on the 21st, temporarily suspending the effect of program buy orders on the securities market.

According to the exchange's disclosure, the buy-side sidecar was activated at 10:51:56 a.m. The measure was triggered after futures based on the KOSPI200 as the underlying asset rose more than 5% for over one minute.

At the time of activation, the current price of the futures stood at 904.84 points, up 44.94 points from the reference price of 859.90 points, marking a 5.22% increase.

As a result, program buy orders on the securities market will be suspended for five minutes from the time of activation. The basis for this buy-side sidecar activation is Article 16 of the Securities Market Business Regulations.