KOSDAQ Triggers Buy-Sidecar for Second Consecutive Day... Eighth Activation This Year

The KOSDAQ surged sharply in early trading on the 22nd, triggering a temporary suspension of program buy orders, also known as a buy-sidecar.

On the 22nd, the KOSPI index opened at 7,873.12, up 57.53 points from the previous trading day, with the current status of the domestic stock market displayed on the electronic board in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. On the same day, the KOSDAQ index surged more than 5% during trading hours, triggering a buy-sidecar for the second consecutive day. Photo by Kang Jinhyung on May 22, 2026.

According to the Korea Exchange, at approximately 9:33:06 a.m. on this day, the execution of program buy orders was suspended for five minutes due to fluctuations in the KOSDAQ 150 futures price and the KOSDAQ 150 index.

At the time the sidecar was triggered, the KOSDAQ 150 futures had risen by 114.20 points (6.12%) from the previous day's closing price, while the KOSDAQ 150 index had increased by 103.72 points (5.53%).

This marks the eighth activation of a buy-sidecar on the KOSDAQ this year, including the one triggered the previous day. If sell-sidecars are included, the total number of activations stands at 11.

The KOSDAQ sidecar is triggered when the KOSDAQ 150 futures price rises by 6% or more from the reference price and the KOSDAQ 150 index climbs by 3% or more from the previous trading day's final figure, with both conditions sustained simultaneously for one minute.

This content was produced with the assistance of AI translation services.