South Korea Triggers KOSDAQ Circuit Breaker After KOSDAQ150 Futures Jump 6%

According to Bitget market data, program trading on the KOSDAQ market was halted for five minutes on April 1 after KOSDAQ150 index futures rose 6%.

Summary

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Terms & Concepts
  • Circuit breaker: A market safeguard that temporarily halts trading when price moves breach preset thresholds to reduce disorderly volatility.
  • Program trading: Computer-driven basket trading that can be paused by exchanges during sharp market moves to limit rapid automated execution.
  • Index futures: Derivative contracts tied to a stock index, allowing traders to speculate on or hedge broader market movements.