Business · Companies · 3 hrs ago
Indonesia Stock Exchange Plans Real-Time Alerts for Suspected Market Misconduct
The Indonesia Stock Exchange is preparing real-time alerts for suspected share manipulation and other trading misconduct.
The exchange’s chief, Jeffrey Hendrik, said investors and the public would be told when an investigation begins.
The alerts are part of wider reforms to Indonesia’s stock market, which also include more transparency about major shareholders and stronger market liquidity.
The changes are intended to build confidence among local investors and global index providers.
The exchange is also considering bringing back short selling, a practice that lets traders bet on a share price falling.
It will decide whether market conditions are calm enough and review which shares could be eligible before announcing any list.
The Indonesia Stock Exchange is preparing real-time alerts for suspected stock-market manipulation and other misconduct.
Exchange chief Jeffrey Hendrik said the market would be told when the exchange finds indications of misconduct and begins an investigation.
The system is part of wider capital-market reforms that include greater transparency about shareholders with stakes above 1% and affiliated parties.
The exchange says the measures are intended to increase confidence among domestic investors and global index providers.
The exchange is also monitoring market conditions before deciding whether to resume short selling.
- Who
- The Indonesia Stock Exchange and its chief, Jeffrey Hendrik.
- What
- The exchange is preparing real-time alerts about suspected market manipulation and other trading misconduct.
- When
- The system is being prepared; a launch date is not stated.
- Where
- Indonesia’s capital market.
- Why
- The exchange says the measures are intended to strengthen enforcement and increase investor confidence.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Exchange
- Indonesia Stock Exchange (BEI)
- Alert system
- Real-time flagging for suspected manipulation and other misconduct
- Exchange chief
- Jeffrey Hendrik
- Shareholder transparency
- Reforms cover shareholders holding above 1% and affiliated parties
- Short selling
- Resumption will depend on market conditions
What people are saying
We will provide real-time flagging to the market if we find indications of manipulation attempts or other misconduct in the market.
We will soon announce to the market that the investigation process has been carried out or begun.
If the market is more conducive and there is no excessive panic, then of course short selling can be added back to the list of shares.