IDX: Capital Market Transactions will be More Efficient

By : Herry Barus And Aldo Bella Putra | Monday, July 02 2018 - 20:15 IWST

IHSG (Foto/Rizki Meirino)
IHSG (Foto/Rizki Meirino)

INDUSTRY.co.id - Jakarta - President Director of Indonesia Stock Exchange (BEI) Inarno Djajadi said the acceleration of transaction settlement in exchange from T + 3 to T + 2 will make transactions in capital market more efficient.

"With T + 2 it will be more efficient, so the members of the bourse are also preparing for their 'trading limit' to be more flexible. Usually it should provide the funds for three days; this is for two days only, so it will be more efficient for bourse members. Liquidity also increased, "said Inarno at BEI Building, Jakarta, Monday (2/7/2018)

T + 2 as announced by the Indonesian Clearing and Guarantee Corporation (KPEI) will be applied on November 26, 2018.

Inarno said, in terms of infrastructure it is ready to implement T + 2. However, it is still being done in preparation from the clearing side or back office of bourse members.

"I think that's a lot more to the back office of the bourse members, we're watching it and we expect it to be done," Inarno said.

In addition, the BEI is also preparing the rules related to the implementation of T + 2 and also ensures every member of the stock is ready to apply the program.

"We actually have socialization, but in the near future we will be socialized back to the members of the exchange," he said.

Associated with the reduction of the number of stock units in one lot where currently one lot amounts to 100 shares, Inarno said it is still discourse on internal BEI itself.

"Not yet, so it's a new discourse, we're concentrating on T + 2 first, so it's still a bit far, maybe we should have first studies about what that investor needs," Inarno said. (Ant)

News Comment

Today's Industry

Grab (Ist)

Kamis, 11 Oktober 2018 - 12:36 WIB

Women Activists Criticize GRAB Indonesia on Victims Harassment Mediation

A number of women activists express their anger and regret at the GRAB Indonesia. The Malaysian applicator response to bring together between a driver partner who is allegedly harassed his passengers…

Panen Padi (Foto Dok Industry.co.id)

Senin, 08 Oktober 2018 - 03:30 WIB

Banten Lebak Farmers Harvest 55,622 Tons of Dry Grain

Lebak-Petani in Lebak Regency, Banten, during September 2018 harvests rice in an area of ​​9,347 hectares of paddy fields with a production of 55,622 tons of dried pungut (GKP) grain.

Bawang Merah (Ist)

Senin, 08 Oktober 2018 - 03:00 WIB

Kelompok Tani Sengingi Riau Panen Bawang Merah

Kuantan Singing - Beken Jaya Benai Farmer Group in Kuantan Singingi Regency, Riau Province harvesting shallots up to tens of tons managed on a quarter hectare of land, the results can improve…

Senin, 08 Oktober 2018 - 02:30 WIB

PT Pertamina Lubricants Wins Two TOP CSR 2018 Awards

Jakarta - PT Pertamina Lubricants managed to bring home two awards at the TOP CSR 2018 TOP CSR category on Lubricants Business, namely for the Corporate Social Responsibility (CSR) Enduro Student…

Listrik Ilustrasi

Senin, 08 Oktober 2018 - 02:00 WIB

Electrical System in Central Sulawesi is 75% Normal

Jakarta - Electricity, telecommunications, roads, airports and fuel supply (BBM) infrastructure have begun to recover in areas affected by the earthquake in Central Sulawesi. Assistance from…