South Korean stock market triggers 'circuit breaker' mechanism triggered by surge in KOSPI 200 futures, halting program trading for 5 minutes
The Korean stock market activated its "circuit breaker" mechanism due to a significant surge in KOSPI 200 futures, causing a temporary halt in program trading. The futures price jumped 5.04% in a single minute, triggering the automatic circuit breaker rule. This measure is designed to stabilize market sentiment and curb excessive volatility caused by rapid program buying. AI