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Korea Exchange halts trade now - circuit breaker

Started by forex4you, Aug 06, 2024, 06:39 am

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Aug 06, 2024, 06:39 am
Korea Exchange halts trade now - circuit breaker

The 'sidecar' is a rule that lets the Korea Exchange (KRX, the operator of SK's bourse) halt futures trading of equities during periods of extreme market volatility.

  • Triggered when the benchmark KOSPI futures contract moves more than 5% from the previous close.
  • The KRX limits program trading for five minutes as a 'circuit breaker'


                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Korea Exchange halts trade now - circuit breaker

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