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)
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)
Today's Industry

Rabu, 04 Oktober 2023 - 08:40 WIB
President Jokowi: Korpri is a big force that determines the nation's progress
Indonesian President Joko Widodo (Jokowi) emphasized that with 4.4 million members, the Indonesian Civil Service Corps (Korpri) is a major force determining the nation's progress.

Rabu, 04 Oktober 2023 - 07:15 WIB
Commemoration and Collaboration: 78 years of Indonesia’s Independence, 10 years of Indonesia-Viet Nam Strategic Partnership
Hanoi, Viet Nam - More than 500 guests, including government officials of Viet Nam and ambassadors, attended the commemoration of the 78th anniversary of the Independence Day of the Republic…

Rabu, 04 Oktober 2023 - 06:15 WIB
Thousands Attend, Enliven Establishment of Amigos de Indonesia in Colombia
Thousands attended the establishment of Amigos de Indonesia / Friends of Indonesia in Colombia, which began with the performance of the national anthem Indonesia Raya.

Selasa, 26 September 2023 - 07:45 WIB
ESSA Secures Gas Contract Extension for LPG Refinery
PT Surya Esa Perkasa Tbk. (ESSA: IJ), a publicly listed company engaged in the Energy and Chemical sectors through its LPG (Liquefied Petroleum Gas) refinery and Ammonia plant today (22/9) announced…

Selasa, 26 September 2023 - 06:45 WIB
ALDO Strengthens PT Eco Paper’s Business of Recycled Brown Paper Production
PT Alkindo Naratama Tbk (ALDO), a listed company engaged in the integrated paper and chemical business, plans to inject additional working capital of around IDR 40 billion into its subsidiary…
News Comment