KOSPI Index Faces Sell-Side Sidecar Activation Amid Market Volatility

The Korea Exchange has activated a sell-side sidecar mechanism for the KOSPI index, marking the second occurrence this year. According to NS3.AI, this mechanism aims to temporarily mitigate volatile sell-offs in the market, providing a stabilizing effect during periods of heightened trading activity. The sidecar mechanism is designed to curb excessive market fluctuations, ensuring a more orderly trading environment. This activation reflects ongoing efforts to manage market volatility and protect investor interests.