IDX Will Focus On Deepening And Expansion Of Financial Derivative Markets By 2025

IDX (Photo: Antara)

JAKARTA - PT Bursa Efek Indonesia (IDX) reports that the 2025 Annual Work Plan and Budget (RKAT) will focus on deepening the market through new products and services, as well as expanding the market on financial derivatives.

"Our work plan in 2025 is a total of 31 RK consisting of the OJK Work Plan (Financial Services Authority), SRO (Self-Regulatory Organization), the second is the Derivative Work Plan of the Master Plan, and the third is the Continuous Improvement Work Plan, of which a total of 31 RK are, "said IDX President Director Iman Rachman at the 2024 Extraordinary General Meeting of Shareholders (EGMS), Wednesday, October 23.

Iman said that his party will focus on developing a number of RKs which aim to increase trade liquidity, increase investor protection, provide data services according to customer needs, to improve the technology used by the IDX.

The IDX focuses include updating the Trade and System System (PSPP), Implementing SPPA Repo, Development of Liquidity Provider Shares, OJK-SRO Integrated Supervision Applications, EBUS E-IPO Development, Development of Financial Derivatives of the P2SK Law, Implementation of SLB DJPPR, XBRL Enhancement and Taxonomy Maintenance, and ETF Gold.

Also, New SPE-IDXnet, Development of RSJPP Period 2026 - 2030, Development of IDX Market Data System, and Development of Digital Educational Portal.

Then, Bonds Trading System Update (PSP), Immutable Backup for Data Resilience in Trade Areas and Supporters as well as Are Business and Offices, Implementation of Non-Cancellation Periods, Artificial Intelligence Studies, Improvement of Market Transparency, and 13 other RKs.

Throughout 2024, the IDX together with the Self-Regulatory Organization (SRO) with the support of the Financial Services Authority (OJK) together with all other capital market stakeholders have successfully launched a number of initiatives, including the holding of the ASEAN Interconnected Sustainability Ecosystem (ASEAN-ISE) Workshop and Launching on January 29 and February 15, 2024.

In addition, the IDX has also implemented an Alternative Market Operator System (SPPA) Improved Trading Mechanism on February 19, 2024.

The implementation of the Full Periodic Call Auction Special Monitoring Board has also been carried out on March 25, 2024, with the amendment to the Implementation of the Special Monitoring Board which is the result of the Post Implementation Review on June 21, 2024.

Then on July 13, 2024, the IDX Cyclical Economy 30 Index was launched as a reference alternative for investors and investment managers in managing and creating index-based investment products.

The IDX conducted a soft launch of Single Stock Futures (SSF) products which coincided with the 47th anniversary of the Reactivated Indonesian Capital Market on August 12, 2024.

On September 2, 2024, the IDX-Infovesta Multi-Factor 28 Index also launched an IDX-Infovesta Multi-Factor 28 which can make it easier for investors to invest in stocks with high profitability, low price valuation and volatility with good transaction liquidity and financial performance.