KRX experiences trading disruption amid sharp market drop
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Stock trades were briefly disrupted at the country's main bourse operator, the Korea Exchange (KRX), on Monday amid the sharp drop in the benchmark index, industry sources said. The KRX failed or delayed processing some orders made from 12:30 p.m. to 12:33 p.m. and from 1:39 p.m. to 1:41 p.m. due to technical glitches, according to the sources. Local brokerage Mirae Asset Securities is said to have notified its customers to check whether their orders fully went through, saying system disruptions from the KRX could delay their orders. Trading operations at the KRX have since been normalized, while the bourse operator is checking for the cause of the disruptions, a KRX official said. At one point Monday, the benchmark Korea Composite Stock Price Index (KOSPI) fell by more than 8 percent during early trading hours, triggering the KRX to issue a circuit breaker, which halts trade for 20 minutes.Weiter zum vollständigen Artikel bei Korea Times
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Quelle: Korea Times