ILLUSTRATION. The Indonesia Stock Exchange (IDX) is currently working to improve market governance.
Reporter: Dityasa H. Forddanta | Editor: Wahyu T. Rahmawati
KONTAN.CO.ID – JAKARTA. The Indonesia Stock Exchange (IDX) is currently working to improve market governance (market governace) better. Some of the steps to be taken are removing the broker code during trading hours and an extension of trading hours on the regular market and negotiations that will take effect on June 21.
No less interesting, IDX also plans to increase the duration of stock orders. All this time, order book will end at the end of the trading session. In the new proposal, the order can be continued the next day until it matches.
Also Read: Young investors are increasing, IDX emphasizes the importance of education about the capital market
In the material for the proposed changes, Tuesday (24/2), there are only a few factors that can cancel the order. Namely, canceled by the customer or broker and by trading engine because of the suspension.
The duration extension aims to provide convenience and flexibility for investors. So, investors can place orders without having to repeatedly input orders. This policy is also expected to lead to a fair and efficient price meeting.
Also Read: Starting at the end of June, the IDX removed the broker code in running trades
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Reporter: Dityasa H. Forddanta
Editor: Wahyu T. Rahmawati
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