Surabaya Stock Exchange
Encyclopedia
Surabaya Stock Exchange or in Indonesia
n Bursa Efek Surabaya (BES) was officially opened on June 16, 1989 based on the Minister of Finance Decree of Indonesia No. 654/KMK.010/1989 with only thirty-six shareholder
s. The nature of the SSX establishment at that time was to support the Indonesian government program in the capital market field and the development of the economy in the East Region of Indonesia.
On July 22, 1995 the SSX was successfully merged with the Indonesian Parallel Stock Exchange (IPSX), leaving only two primary exchanges operating in Indonesia.
On October 30, 2007; SSX was officially merged to Jakarta Stock Exchange
(JSX) and becoming Indonesia Stock Exchange (IDX) as a single exchange operating in Indonesia, besides Jakarta Futures Exchange.
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
n Bursa Efek Surabaya (BES) was officially opened on June 16, 1989 based on the Minister of Finance Decree of Indonesia No. 654/KMK.010/1989 with only thirty-six shareholder
Shareholder
A shareholder or stockholder is an individual or institution that legally owns one or more shares of stock in a public or private corporation. Shareholders own the stock, but not the corporation itself ....
s. The nature of the SSX establishment at that time was to support the Indonesian government program in the capital market field and the development of the economy in the East Region of Indonesia.
History
On June 16, 1989 SSX started the operation.On July 22, 1995 the SSX was successfully merged with the Indonesian Parallel Stock Exchange (IPSX), leaving only two primary exchanges operating in Indonesia.
On October 30, 2007; SSX was officially merged to Jakarta Stock Exchange
Jakarta Stock Exchange
Jakarta Stock Exchange or in Indonesian Bursa Efek Jakarta was a stock exchange based in Jakarta, Indonesia, before it merged with the Surabaya Stock Exchange to form the Indonesian Stock Exchange.-History:...
(JSX) and becoming Indonesia Stock Exchange (IDX) as a single exchange operating in Indonesia, besides Jakarta Futures Exchange.
Products
SSX trade various products such as:- Equities (stock)
- Bonds (Government Bonds and Corporate Bonds)
- Derivatives products (Japan Futures, LQ45 Futures, and Mini LQ45 Futures).