{
  "id": 16828215,
  "title": "KRX activates buy-side sidecar for KOSPI on sharp rise",
  "url": "https://urgent.news/2026/10/28/krx-activates-buy-side-sidecar-for-kospi-on-sharp-rise-16828215",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T01:37:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20261028/krx-activates-buy-side-sidecar-for-kospi-on-sharp-rise"
  },
  "original_language": "en",
  "account": "On Wednesday, Korea's main stock market operator, KRX, activated a buy-side sidecar for the KOSPI index following a sharp rise. Program trading for shares listed on the KOSPI was halted for five minutes at 9:53 a.m. The KOSPI, which had opened 2.23% higher, surged 4.54% to 5,894.26 points by 9:55 a.m. This significant gain was fueled by robust earnings from semiconductor companies, driven by artificial intelligence, and positive investor sentiment ahead of the Federal Reserve's interest rate decision.\n\nPrior to market open, SK hynix Inc. reported record-breaking revenue and operating profit for the third quarter, propelled by strong demand for memory chips. The company announced a shareholder return program worth over 100 trillion won ($75.3 billion) for 2026. A buy-side sidecar is set in motion when the KOSPI 200 Futures Index experiences a 5% increase or more for a minimum of one minute.",
  "summary": "Korea's bourse operator on Wednesday activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the stock index rose sharply. Program trading for the KOSPI-listed shares was suspended for five minutes at 9:53 a.m., according to the Korea Exchange (KRX). After opening 2.23 percent higher, the KOSPI added 255.92 points, or 4.54 percent, to 5,894.26 as of 9:55 a.m.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Bourse operator issues buy-side sidecar for KOSPI on sharp hike",
        "url": "https://urgent.news/2026/10/27/urgent-bourse-operator-issues-buy-side-sidecar-for-kospi-on-sharp-hike",
        "published": "2026-10-27T01:17:41.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Asian stocks rise led by Nikkei and Kospi tech rally; RBNZ surprises with rate hold ahead of Fed decision",
        "url": "https://urgent.news/2026/10/28/asian-stocks-rise-led-by-nikkei-and-kospi-tech-rally-rbnz-surprises",
        "published": "2026-10-28T04:56:24.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}