Key facts
- The Korea Exchange activated a sell-side sidecar for the KOSPI index on Tuesday.
- Program trading for KOSPI-listed shares was suspended for five minutes.
- The KOSPI index fell 4.03% to 6,127.15 as of 9:50 a.m. local time.
The Korea Exchange activated a sell-side circuit breaker on the KOSPI index on October 13, 2026, due to a sharp fall in the market. This measure is designed to curb excessive price fluctuations.

The activation of a sell-side sidecar indicates significant market volatility and investor concern, potentially signaling broader market sentiment shifts and impacting trading strategies.
South Korea's bourse operator, the Korea Exchange (KRX), activated a sell-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) on Tuesday, October 13, 2026, as the index experienced a sharp decline. Program trading for KOSPI-listed shares was suspended for five minutes starting at 9:48 a.m. local time.
The KOSPI opened 3.1 percent lower and subsequently lost 257.09 points, or 4.03 percent, to trade at 6,127.15 as of 9:50 a.m. The sell-off was driven by investors divesting semiconductor shares, including major players like Samsung Electronics and SK hynix. This decline was influenced by losses in U.S. technology stocks and investor caution ahead of upcoming earnings reports from major companies and the release of U.S. inflation data.
A sell-side sidecar is a mechanism designed to curb rapid market declines. It is triggered when the KOSPI 200 Futures Index falls 5 percent or more for at least one minute.
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