Indonesia Stock Exchange

www.idx.co.id  

Tel : 62 21 515 0515

Fax : 62 21 515 0330

 

Representatives

President Director : Mr. Ito Warsito

Corporate Secretary : Ms. Irmawati Amran

 

Types of Securities Traded

Name of Trading Systems
(cash and derivatives)

Trading Hours

EQUITY :

Jakarta Automated Trading System – Next Generation (JATS-NextG)

Pre-opening for the Regular Market:

1. Stock

 

Monday - Friday

2. Company Warrants

 

Put Orders : 09:10:00– 09:25:00

3. Rights

 

Transaction allocation : 09:25:01 – 09:29:59

4. ETFs

 

Transaction allocation : 09:25:01– 09:29:59

 

 

 

 

 

Regular Market

 

 

Monday – Thursday

 

 

Session I : 09:30 – 12:00

 

 

Session II:  13:30 – 16:00

 

 

Friday

 

 

Session I :  09:30 – 11:30

 

 

Session II: 14:00 – 16:00

 

 

 

 

 

Cash Market

 

 

Monday – Thursday

 

 

09:30 – 12:00

 

 

Friday

 

 

09:30 – 11:30

 

 

 

1.     Government Bonds :

1.     Exchange Traded : FITS (Fixed Income Trading System

Monday – Thursday

·      Fixed & Variabel Rate·        

 

Session I : 09:30 –12:00

·      Zero Coupon

 

Session II:  13:30 – 16:00

·      Treasury Notes

 

Friday

·      Sukuk/Shariah Bond

 

Session I :  09:30– 11:30

·      Retail Bond

 

Session II: 14:00 –16:00

 

 

 

2.     Corporate Bonds :

2.     OTC Market (reporting Trade) : CTP (Centralized Trading Platform)

Trade Reporting:
09.30– 17:00

·      Conventional Bond

 

 

·      Sukuk/Shariah Bond

 

 

·      Asset Backed Securities

 

 

 

 

 

DERIVATIVE : 

 

 

1.   LQ45 Index Futures

1.     Futures Automated Trading System (FATS)

Monday – Thursday

 

 

Session I : 09:15 –12:00

 

 

Session II:  13:30 – 16:15

 

 

Friday

 

 

Session I :  09:15 – 11:30

 

 

Session II: 14:00 – 16:15

 

 

 

2.     Stock Options

2.     Jakarta Option Trading System (JOTS)

Monday – Thursday

 

 

Session I : 09:30 –12:00

 

 

Session II:  13:30 –16:00

 

 

Friday

 

 

Session I :  09:30 – 11:30

 

 

Session II: 14:00 – 16:00

 

 

 

 

Supervisory Body

The Indonesian Capital Market and Financial Institutions Supervisory Agency (Badan Pengawas Pasar Modal dan Lembaga Keuangan – Bapepam-LK)

Name of Clearing & Settlement Organization

The Indonesian Clearing and Guarantee Corporation (PT Kliring Penjaminan Efek Indonesia – KPEI)

Settlement Cycle

a.     Stock, Company Warrants, ETFs

- Regular market            : T+3

- Cash Market                : T+0

- Negotiation market      : Based on agreement/negotiation, trade for trade

b.    Rights

- Cash Market                : T+0

- Negotiation market      : Based on agreement, trade for trade

c.     Fixed Incomes

- Regular market            : T+2

- Negotiation market      : T+1 to T+7

d.    Derivatives                   : T + 1  

Name of Central Securities Depository

The Indonesian Central Securities Depository (PT Kustodian Sebtral Efek Indonesia – KSEI)

Commissions on Transactions levied by Exchange

 

EQUITY

When conducting stock transactions on the IDX, exchange members are required to pay a transaction fee equal to:

1.     0.03% of the transaction value for every transaction in the regular and cash markets.

2.     0.03% of the transaction value or depend on the Exchange’s discretion in the negotiation market.

3.     The minimum transaction fee as stated above is IDR 2,000,000/month.

The exchange members have to deposit 0.01% of the transaction value guaranteed by KPEI as a Guarantee Fund. The Guarantee Fund is managed and administered by KPEI.

The transaction fees above do not include the 10% value-added tax and the 0.1% transaction tax levied on the cumulative value of the sales of the shares.

FIXED INCOME

a.     Regular market :

Transaction Value

(IDR)

Transaction Fee

0 - 500 mio

IDR 20,000

> 500 mio - IDR 10 bio

0.005% of transaction value

> 10 bio

0.00375% of transaction value

b.    Negotiation market :

Transaction Value

(IDR)

Transaction Fee

0 - 500 mio

IDR 35,000

> 500 mio - IDR 10 bio

0.0075% of transaction value

> 10 bio

0.005% of transaction value

Derivative

Product

 

Transaction Fee/contract

(IDR)

Stock Option

1,200

LQ45 Index Futures (Periodic)

20,000

LQ45 Index Futures (Monthly)

8,000

Mini LQ45 Index Futures (Periodic)

3,500

Mini LQ45 Index Futures (Monthly)

3,500

JP Titans Futures

7,150

 

 

Taxes on Dividends, Interests

 

  •          Dividend Tax (Income Tax no.36 Year 2008):

1.     Resident Individual Tax payers: maximum 10% of the final amount.

2.    Government bodies, resident taxable entities, organizers of activities, Permanent Establishments, or other representative offices of foreign companies: 15% of the gross amount.

  •          Tax on Bond Interest:.(Government Law No.16 Year 2009) :

1.     Resident tax payers and Permanent Establishments: 15% (fifteen percent).

2.     Non-resident tax payers: 20% (twenty percent) or the suitable tariff in accordance to the Agreement of Double Tax Avoidance.

  •         Tax on Deposit Interest : 20% of Final Income Tax

2011 Share ownership thresholds (%)

 

In accordance to the Decree of the Chairman of Bapepam-LK No. Kep-82/PM/1996 on Information Disclosure of Shareholders, the Directors, Commissioners and shareholders of a Listed Company who own 5% or more of the company's shares are obliged to report their share ownerships and any changes on their ownerships to the Bapepam-LK.

Short selling (Yes / No)

Yes

Short selling conditions (if any)

Short selling is permitted in the market only for certain shares. IDX announces the list of shares permitted for margin trading and short selling on the last trading day of every month.

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This page was last updated on: 11/19/2013 - 16:12