Stock Exchange

Indonesia Stock Exchange (IDX)

The Indonesia Stock Exchange (Indonesian: Bursa Efek Indonesia) came about through the merger of the Jakarta Stock Exchange (founded in 1912) and the Surabaya Stock Exchange. Listing over 500 companies with a combined market capitalization in the hundreds of billions of U.S. dollars, the IDX is a major Asian stock exchange.

Products include stocks, investment funds and bonds as well as derivatives (futures and options) derived from stocks, stock indexes, bonds, bond indexes, currencies and interest rates. Additionally, the IDX offers a number of Sharia-compliant trading products. More than 100 financial services providers act as market participants.

The IDX Composite Index tracks the exchange’s performance.

Trading hours: Monday - Friday 9:00 a.m. to 12:00 a.m and 1:30 p.m. to 4:00 p.m. CST (UTC+8)
Settlement cycle: T+3

More on this topic:
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Editor Daniel Dreier
Daniel Dreier is editor and personal finance expert at moneyland.ch.
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