![[Breaking News] KOSPI sell sidecar triggered amid sharp market decline - Seoul Economic Daily Finance News from South Korea](/_next/image?url=https%3A%2F%2Fwimg.sedaily.com%2Fnews%2Fcms%2F2026%2F01%2F21%2Fnews-p.v1.20260121.9dd6099faaea433fb5b2199bd938647a_P1.jpg&w=3840&q=75 "KOSPI Triggers Sell Sidecar as Market Plunges")
The Korea Exchange activated a program trading sidecar on the KOSPI on Monday as the benchmark index plunged sharply. This marks the first such measure in a month since June 6.
According to the Korea Exchange, program sell orders were suspended for five minutes starting at 12:05:53 p.m. due to volatility in the KOSPI 200 futures index.
At the time of activation, the KOSPI 200 futures index stood at 890.05, down 47.75 points or 5.09% from the previous day's close.
A sell sidecar is triggered when the KOSPI 200 futures index falls 5% or more and sustains that level for at least one minute.