KRX activates sell-side sidecar for KOSPI on sharp fallKRX启动卖方侧车策略，应对KOSPI指数暴跌
SEOUL, Oct. 13 (Yonhap) -- South Korea's bourse operator on Tuesday activated a ...
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SEOUL, Oct. 13 (Yonhap) -- South Korea's bourse operator on Tuesday activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the stock index dropped.
Program trading for the KOSPI-listed shares was suspended for five minutes at 9:48 a.m, according to the Korea Exchange (KRX).
After opening 3.1 percent lower, the KOSPI lost 257.09 points, or 4.03 percent, to 6,127.15 as of 9:50 a.m.
Investors sold off semiconductor shares, including Samsung Electronics and SK hynix, as losses in U.S. technology stocks weighed on investor sentiment ahead of major companies' earnings reports and the release of U.S. inflation data.
A sell-side sidecar is triggered when the KOSPI 200 Futures Index falls 5 percent or more for at least one minute.
kyongae.choi@yna.co.kr (END)
KRX activates sell-side sidecar for KOSPI on sharp fall
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首尔，10 月 13 日（韩联社）——由于韩国综合股价指数（KOSPI）下跌，韩国交易所运营商周二启动了该指数的卖方侧车交易。
据韩国交易所（KRX）消息，韩国综合股价指数（KOSPI）上市股票的程序化交易于上午9点48分暂停5分钟。
韩国综合股价指数（KOSPI）开盘下跌3.1%后，截至上午9:50，下跌257.09点，跌幅4.03%，至6127.15点。
由于美国科技股的下跌打击了投资者情绪，投资者纷纷抛售半导体股票，其中包括三星电子和SK海力士，此前美国主要公司即将发布财报，并且美国即将公布通胀数据。
当 KOSPI 200 期货指数下跌 5% 或以上且持续至少一分钟时，将触发卖方侧车交易。
kyongae.choi@yna.co.kr (完)
KRX启动卖方侧车策略，应对KOSPI指数暴跌