KRX has adopted the measures to ease temporary overheat’ in the market since November 5, 2012 to curb excessive volatility and unfair trades, and thus promote efficient price discovery.
If a listed stock (including KDRs) falls under the following case, the measure is executed on the next day of occurrence and it continues for 3 business days; periodic call auction for 3 days.
|Temporary overheat indicators|
|Prior Notice on Triggering||
A prior triggering notice is issued when an issue comes undermeets all of the following 3 criteria once again within 10 trading days after the day when it was detected for the first time.
|Triggering||The measures for temporary overheat are triggered if an issue detected by the criteria again within 10 trading days from the prior triggering notice day.|