History & Milestone

PT Pendanaan Efek Indonesia (PEI) got operational permit from OJK

Special Notation for Listed Company

T+3 to T+2 Settlement

Upgrade Trading System and New Data Center

Margin Trading Regulation Easing

Establishment of IDX Incubator

Autorejection readjustment, Launching of Go Public Information Center and IDX take part to succeed Tax Amnesty Program

Launching of PT Pendanaan Efek Indonesia (PEI)

Adjustment to Tick Size

The Launching of IDX Channel and LQ-45 Index Futures

TICMI merged with ICamel

Yuk Nabung Saham Campaign Launching

Adjustment to Lot Size and Tick Size

New Trading Hours

The Launching of Sharia Principals and Trading Mechanism.

Establishment of SIPF

Establishment of OJK

Establishment of PT Indonesian Capital Market Electronic Library (ICaMEL)

The Launching of JATS Next-G, IDX New Trading System

Establishment of Indonesia Bond Pricing Agency(IBPA)

Suspend Trading

Surabaya Stock Exchange was merged into Jakarta Stock Exchange. As a result, JSX changed its name into the Indonesia Stock Exchange (IDX)

Launching of Stock Option

T+4 to T+3

JSX started to implement the remote trading system

Scripless trading system was introduced for the first time in Indonesia’s Capital Market

Establishment of KSEI

Establishment of KPEI

Indonesia Pararel Bourse was merged into Surabaya Stock Exchange

The Government of Indonesia issued Regulations No. 8 year 1995 on capital market. This regulation was effective on January 1996

JSX introduced its computerized Jakarta Automatic Trading System (JATS).

Establishment of PT Pemeringkat Efek Indonesia(PEFINDO)

JSX was privatized, and as a result, the functions of BAPEPAM changed to become the Capital Market Supervisory Agency (BAPEPAM-LK). This date is celebrated as the anniversary of Jakarta Stock Exchange

Surabaya Stock Exchange started to operate and was managed by the Surabaya Stock Exchange Inc

The government issued PAKDES 88 to give ways for companies to go public, and some other regulations that brought positive impacts on the capital market growth were made

Indonesia Pararel Bourse started to operate and managed by the Securities and Money Trading Organization. It consisted of brokers and dealers

Deregulations packages in Banking and Capital Market were made. JSX welcomed foreign investors. The activities of JSX were improving.

PAKDES 87 (December Package 1987) was issued to give ways for companies to go public and foreign investors to invest their money in Indonesia

The activity of stock trading in JSX was dull. There were only 24 listed companies in JSX. Most people prefered to invest their money in Banks rather than the Capital Market

The Exchange was re-activated by the President Soeharto. It was supervised under the management of the Capital Market Supervisory Agency (Badan Pengawas Pasar Modal, or BAPEPAM). The re-activation of the capital market was also marked by the go public of PT Semen Cibinong as the first issuer listed in the JSX. July 10th is celebrated as the anniversary of the Capital Market in Indonesia

Due to the nationalism programs on Dutch’s companies by the Indonesian Government, JSX became stagnant.
During this period, JSX became inactive

SX was re-activated by the issue of the Capital Market Emergency Regulations 1952 by the Minister of Justice of Indonesia (Prof. Dr. Sumitro Djojohadikusumo). The only product traded in the Exchange at that time was the Indonesian Government bond (1950)

Jakarta Stock Exchange (JSX) was re-closed during the World War II

Due to political issues (World War II) the Stock Exchange in Semarang and Surabaya closed

The Batavia Stock Exchange was re-opened, and new stock exchanges were established in Semarang and Surabaya

The Batavia Stock Exchange was closed during the World War I

The first Stock Exchange in Indonesia was built in Batavia (currently known as Jakarta) by the Dutch East Indies