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Table of Contents
Indonesia Stock Exchange (IDX)
The Indonesia Stock Exchange, the result of the merger between Surabaya Stock Exchange and Jakarta Stock Exchange, is the primary equity market in Indonesia.
Homepage Currency: Indonesian Rupiah (IDR)
Trading Hours & Calendar
Trade Execution Summary
All equities trading is processed through a facility called JATS which is accessible only Exchange members.
Lit Order-types
- Limit Buy/Sell/Short-Sell (Day)
Basic Market Rules
- Lot Size is 500 shares
- Tick Size varies by price as follows:
| Price Range | Tick Size |
|---|---|
| < Rp 200 | Rp 1 |
| Rp 200 - 500 | Rp 5 |
| Rp 500 - 2,000 | Rp 10 |
| Rp 2,000 - 5,000 | Rp 25 |
| > Rp 5,000 | Rp 50 |
- Short Sale Rules - Naked short selling is prohibited. A short locate must be obtained and all short sell orders must be properly marked.
- Circuit Breakers
| Stage | Trigger | Action |
|---|---|---|
| First | If the IDX composite index falls by 10% from the previous day's close | All trading in listed securities will be halted for 30 minutes |
| Second | If the IDX composite index falls by 15% from the previous day's close (i.e. another 5%) | Trading in all listed securities will be suspended until the closing time of that session, or more (given the approval by Bapepam). |
Auction Mechanisms
Open
Close
Additional Info
See Also
References
idx.1373383685.txt.gz · Last modified: 2017/03/14 12:34 (external edit)