IDX Hopefully There Will Be A Structed Waran As A Choice For Investors In Papua

Illustration (Photo: Doc. Antara)

JAYAPURA - The Indonesia Stock Exchange (IDX) of Papua Province hopes that the presence of new investment products issued by Members of the Exchange (AB), namely structured waran, can be an option for investors on Earth Cenderawasih.

Head of the Papua Representative IDX Office Kresna A Payokwa said, based on the research results carried out, the product can be a means of diversification for Papuan investors, as well as to be a means of protection for capital market investors.

"We will continue to provide education and socialization about this structured waran product, through the Papua IDX representative office," Kresna said as quoted by Antara, Tuesday, September 20.

According to Kresna, Waran is structured to give its buyers the right to sell or buy aunderlying asset, on predetermined prices and dates (prices and dates).

"The mechanism of structured waran trading is no different from the equitywaran which is currently being traded on the stock exchange," he said.

With 54,000 capital market investors in Papua, it is hoped that there will be more potential new investors who can join.

"Until now, the total transaction value until mid-2022 is IDR 3.7 trillion," he said.

His party, he continued, is committed to continuing to provide education regarding structured waran products to the public, especially retail investors in Papua, so that investor growth will increase and develop.