Conglomerate Hary Tanoesoedibjo Changes MNCTrade's Name To MotionTrade, Here's The Explanation Of The MNC Group Boss
JAKARTA - MNC Sekuritas, a business unit of PT MNC Kapital Indonesia Tbk (BCAP), officially launched MotionTrade, a rebranding of MNCTrade, and the digital launch of APERD, the Selling Agent of Mutual Funds.
The Executive Chairman of MNC Group, Hary Tanoesoedibjo, explained that the change of name from MNCRade to MotionTrade was carried out because Motion is the umbrella for all MNC Group financial services.
"Motion is the umbrella for all MNC Group's digital financial services. Later the MotionTrade application will also include all mutual fund products from investment managers who work with us. Hopefully, later it will be mutually beneficial for all parties", said Hary, in a statement he wrote, quoted Friday, August 27.
Hary said MNC Group is committed to growing MNC Sekuritas online trading.
"I'm sure that the capital market in the future will be huge. That's also why MNC Group has made a huge commitment to MNC Sekuritas, especially online", said Hary.
Hary revealed that the percentage of capital market investors in Indonesia is now dominated by local players rather than foreign players. Not only that, but transactions online are also bigger than offline.
"So, indeed online must be supported together. Because in the end, if the capital market can grow rapidly, our economy will also be helped by itself, especially in the current Covid situation", explained Hary.
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Inarno Djajadi, President Director of the Indonesia Stock Exchange, congratulated PT MNC Sekuritas on the launch of the online trading application MotionTrade.
According to him, the availability of a qualified, easy, complete, and safe online trading application system is an important requirement for investors today, especially for millennial investors.
"The launch of PT MNC Sekuritas' MotionTrade online trading application today is an innovation that is timely and highly awaited by investors", he said.
Inarno added that the presence of online trading applications and the application of other digital technologies in securities transactions has become one of the factors that has driven the growth of investors in Indonesia during this pandemic.