🚀 KOSPI Index Experiences Volatility with Consecutive Circuit Breakers
#KOSPI #index #volatility #circuitbreaker #SouthKorea #KOSPI200 #algorithmictrading #BlockBeats
On April 2, the KOSPI index in South Korea activated its circuit breaker mechanism following a 5% drop in KOSPI 200 futures, according to BlockBeats. This led to a temporary halt in algorithmic trading for five minutes.
The previous day, the KOSPI index had surged over 5% at the opening, triggering the circuit breaker, and at one point during the session, it rose to 8.72%.#KOSPI #index #volatility #circuitbreaker #SouthKorea #KOSPI200 #algorithmictrading #BlockBeats