Go Finance Reporting in Jakarta - Indonesia Stock Exchange is not allowed to merge with another country because stock refers to the Act (Act), the Indonesian Capital Market.
"Exchange our mutual corporate form. In terms of the stock owned by members of the exchanges. So, not possible to do a merger," said President Director of Indonesia Stock Exchange (IDX) Ito Warsito, when met in the Socialization of Bapepam-LK No. VD 3, VD4, and VD5, at the Ritz Carlton, PP, Sudirman, Jakarta, Tuesday (02/22/2011).
He added that a merger is a stock exchange which have had a repair only, where anyone can become a shareholder, not necessarily members of the exchange or broker.
"If the future for Indonesia's stock exchange will be merged or not, it depends on the government, because the Act is the government authority to determine what the future policy,"said Ito.
Earlier, the stock merger trend that is currently being conducted several securities exchanges in the world is not considered a threat to Indonesia's capital market.
Chairman of Bapepam-LK Nurhaida reveal if the merger would be in line with the needs of each country. Indonesia was considered not necessary to merge with other exchanges. (GoFinance)
No comments:
Post a Comment