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IDX eyes transactions from 250,000 active investors
The Indonesia Stock Exchange (IDX) is eyeing transactions from 250,000 active investors, or 50 percent of investors on the bourse.
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The trading floor at the Indonesia Stock Exchange (IDX). (JP/Wienda Parwitasari)
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DX developing director Nicky Hogam said 180,000 investors carried out transactions last year, with a total transaction value of Rp 7.5 trillion (US$563,486).
Nicky said the IDX would introduce margin-friendly transactions in trying to attract more investors.
“The regulation will be made more margin friendly. The number of shares that could be traded stands at 200 (under such a facility). Previously, only 45 shares were recorded in the LQ45,” Nicky said as reported by tribunnews.com.
The presence of Maybank Kim Eng Securities (MKES) online trading platform would help boost the number of active investors.
“The Equity Saving Plan from MKES facilitates investors to save their income in a disciplined way and support the IDX’s campaign: Yuk Nabung Saham [Let’s invest in shares]," kata Nicky. (bbn)
