STOCKS | South Korean Exchange Activates KOSDAQ Trading Halt Due to Futures Surge

South Korea's exchange has implemented a temporary halt on KOSDAQ programmatic trading following a significant rise in KOSDAQ 150 futures. According to Jin10, the futures experienced a 6% increase, prompting a five-minute suspension of programmatic trading activities. This mechanism is designed to stabilize the market and prevent excessive volatility during rapid price movements. The exchange's decision reflects its commitment to maintaining orderly trading conditions and protecting investors from potential market disruptions source: https://www.binance.com/en/square/post/293171336549458?utm_source=BinanceNewsRSS