The Indonesia Stock Exchange (IDX) has announced that starting from 30 March 2020, it will shorten its operational hours for trading and reporting. This new policy is implemented to respond to the Financial Services Authority (OJK)'s direction and support the Indonesian government's work-from-home policy to mitigate the spreading of COVID-19.

You can see previous policies adopted by the IDX here.

New Securities Trading Schedule

Trading of securities through the Jakarta Automated Trading System (JATS), including shares, rights, warrants, participation units of exchange traded funds (ETF), participation units of real estate investment funds (DIRE) and participation units of infrastructure funds (DINFRA) will follow these new shortened trading schedules:

Market

Session

Timing 
Regular

First session

09:00.00 - 11:30.00 
Second session  13:30.00 - 14:49.59 
Pre-closing  14:50.00 - 15:00.00  
Formation of closing price  15:00.01 - 15:04.59 
Post-closing   15:05.00 - 15:15.00  
Cash  First session  09:00.00 - 11:30.00 
Negotiated  First session  09:00.00 - 11:30.00 
Second session   13:30.00 - 15:15.00 

* New times are in bold

Trading of futures contracts for stock indexes (kontrak berjangka indeks efek) and futures contracts for sovereign bonds (kontrak berjangka surat utang negara) through JATS will also follow the new trading schedules, as listed below:

Session

Timing

First session 

09:00.00 - 11:30.00

Second session  13:30.00 - 15:15.00  

* New times are in bold

Trading of the following is also shortened to follow the new schedule:

  • stock option contracts (kontrak opsi saham) through the Jakarta Option Trading System (JOTS)
  • debt securities and sukuk through the Fixed Income Trading System (FITS)

Session

Timing

First session 

09:30.00 - 11:30.00 

Second session  13:30.00 - 15:00.00

* New times are in bold

Trading of sovereign bonds (surat utang negara) through the Electronic Trading Platform system will be shortened to become 09:00.00 to 15:00.00.

All of the new schedules are applicable from Monday to Friday.

Reporting of Securities Transactions

Broker-dealers, banks or other parties that are required to submit reports to IDX with respect to securities transactions may now submit their reports through the Securities Trading Report Receiving System (Sistem Penerima Laporan Transaksi Efek) between 09:30.00 and 15:30.00.

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