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Indonesia

In 2007, Indonesia is ranked 16th internationally and South East Asia’s largest economy by World Bank based on purchasing power parity. Indonesia is the world’s fourth most populous country with almost 240mn people, with a robust domestic demand, diversified exports and exports destination1.

  Why Indonesia?
  • South East Asia's largest economy based on purchasing power parity in 2007.
  • Country with robust domestic demand, diversified exports and exports destination
  Basic Information

             

Trading Hours

 

Monday - Thursday

10.30am - 1.00pm (Singapore's Time)

  2.30pm - 5.00pm

 

Friday

10.30am - 12.30pm (Singapore's Time)

  3.00pm - 5.00pm

 

Time Difference

GMT + 7

Currency

Indonesia Rupiah (IDR)

Trading Lots

500 shares

Main Index

Jakarta Composite Index (JCI)

Settlement Period

T + 3 market days

Price Quotes*

Delayed 30 minutes

Use of CPF

No

 

Note:

 

1) iOCBC does not participate in Pre-Opening session for Indonesia market. Please note that OCBC Securities ONLY participate in the normal trading hours.

 

2) iOCBC does not participate in the negotiated market for Indonesia Market. Please contact your Trading Representative should you want to submit order on negotiated market.

 

* Price quotes on iOCBC are delayed basis. To access the latest price quote, kindly click on the stock name to launch the order ticket.

 

The Electronic Trading Service is provided on an “as is”, “as available” basis only and subject to the Standard Trading Terms and Conditions.

 

Please refer to www.idx.co.id for more details. 

  Minimum Bid Size for trading on Indonesia Market

The minimum bid sizes as stipulated by Indonesia (IDX) for trading shares are:

 

Share Price (IDR)

Minimum Bid Size (IDR)

  < IDR200

1.00

  IDR  200 to IDR  495

5.00

  IDR  500 to IDR1,990

10.00

  IDR2,000 to IDR4,975

25.00

  > IDR4,975

50.00

 

  Commissions & Fees for trading in Indonesia (IDX)

(A) Commission Rate

 

Transacted Value           

Online

Minimum Commission

RP 100,000

Commission Rate

0.37%

 

Note:

For dealer assisted rate please consult your Trading Representatives.

Commission are subject to prevailing Singapore GST (if applicable).

 

 

(B) Foreign Fees Payable

 

JSX Levy

0.033% on Trading Principal

KPEI

0.01%   on Trading Principal

VAT

0.01%   on Trading Principal

Sales Tax (For SELL only)

0.10%   on Trading Principal

 

Note:

Do note that the exchange fees are subject to change by respective Exchanges from time to time without prior notice. 

 

 

(C) Custodian Fees for Foreign Securities held with OCBC Securities.

The custodian fees for foreign securities are S$2.00 per counter per month. Click here for more details.

 

Note:

The above custodian fees are subject to prevailing Singapore GST (if applicable).

  2012 Securities Trading Holidays

Month

Date

Day

Remarks

January

23-Jan-12

Monday

Chinese New Year

March

23-Mar-12

Friday

Hindu Saka New Year

April

6-Apr-12

Friday

Good Friday

May

17-May-12

Thursday

Ascension Day of Jesus Christ

May

18-May-12

Friday

Public holiday

(Commemoration Of Ascension Day of Jesus Chris)

August

17-Aug-12

Friday

The Independence Day of Indonesia

August

20-Aug-12

Monday

Public Holiday

(Commemoration of Ied ul-Fitr 1432 H)

August

21-Aug-12

Tuesday

Ied ul-Fitr 1 - 2 Shawwal 1432 H

August

22-Aug-12

Wednesday

Ied ul-Fitr 1 - 2 Shawwal 1432 H

November

15-Nov-12

Thursday

Islam New Year

November

16-Nov-12

Friday

Public Holiday

(Commemoration of Ied ul-Fitr 1431 H)

October

26-Oct-12

Friday

Eid ul Adha

December

24-Dec-12

Monday

Public Holiday

(Commemoration of Christmas Day)

December

25-Dec-12

Tuesday

Chrismas Day

December

26-Dec-12

Monday

Trading Holiday

 

Note:

- The above trading holidays are set based on the Joint Ministerial Decree (SKB) of the Minister of Religious Affairs No. 7 Years 2011, the Minister of Manpower and Transmigration No. 04/Men/VII/2011, and the State Ministry for State Apparatus Empowerment and Bureaucracy reformation of RI No. SKB/03/M.PAN-RB/07/2011 regarding National Holidays and Public Leaves 2012.

 

- New Year (1 January 2012), Birth of the Prophet Muhammad SAW (5 February 2012), Birth of Buddha 2556 (Vesak Day) (6 May 2012), Isra’ Mi’raj of the prophet Muhammad SAW (17 June 2012), and led ul-Fitr 1 Shawwal 1433 H (19 August 2012). Holidays are not mentioned in the above list because they fall on Sunday.


- Beside as mentioned above, a trading holiday can be announced later if Bank Indonesia decides to close all clearing activities or if the Indonesian Government announces another public holiday.

 

- All dates given here are correct at the time of posting. Some Holidays may differ slightly and are subject to the local official announcement.

[1] World Bank – Indonesia Quarterly Economic Update dated 10th Dec 2008.

 

DISCLAIMER

Trading in securities can be very risky, and the customer may lose all or more than the amount invested or deposited. This is particularly so when the customer needs to i) make his or her own trading decisions and ii) ensure each trade is specifically suitable for him or her – the only basis for any trading through or with OCBC Securities Private Limited (“OSPL”).  The information provided herein is intended for general circulation/discussion purposes only and may not be published or circulated (in whole/in part) without our written consent. It does not take into account the specific investment objectives, financial situation or particular needs (collectively “Objectives”) of any particular person. Please seek advice from an independent financial adviser regarding the suitability of any trade or investment product taking into account your Objectives before making a commitment to trade or purchase the investment product. If you choose not to seek independent financial advice, please consider whether the trade or product in question is suitable for you. This does not constitute an offer/solicitation to buy/sell/subscribe for any investment products or to participate in any particular trading or investment strategy. Any proposed transaction is subject to the final expression of the terms in the definitive agreement/confirmation. No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures, opinion, view or estimate) provided herein is given by OSPL and it should not be relied upon as such. OSPL does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. All information presented is subject to change without notice. OSPL shall not be responsible or liable for any loss or damage whatsoever arising directly/indirectly howsoever in connection with or as a result of any person acting on any information provided herein.

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