[Breaking] KOSDAQ Surge Triggers 'Buy Sidecar'
![[Breaking] KOSDAQ Surge Triggers 'Buy Sidecar'](http://www.asiae.co.kr/news/img_view.htm?img=2026012109015699221_1768953716.png)
As the KOSDAQ index surged on the 19th, a temporary suspension of program buy orders (sidecar) was triggered. The sidecar system is designed to prevent sharp rises or falls in the futures market from affecting the cash market. A KOSDAQ buy sidecar is activated when the KOSDAQ 150 futures rise by 6% or more from the reference price and the KOSDAQ 150 index rises by 3% or more, with both conditions sustained for one minute.
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