Rabu 29 Aug 2012 21:34 WIB

Minister: IDX must be more transparent to investors

Rep: Satya Festiani/ Red: Yeyen Rostiyani
President Director of IDX, Ito Warsito (left), accompanies Minister of Finance, Agus Martowardojo, who visits IDX on Tuesday and requires some explanation after halt trading occuring that day.
Foto: Republika/Wihdan Hidayat
President Director of IDX, Ito Warsito (left), accompanies Minister of Finance, Agus Martowardojo, who visits IDX on Tuesday and requires some explanation after halt trading occuring that day.

REPUBLIKA.CO.ID, JAKARTA - Indonesian Stock Exchange (IDX) is urged to be more transparent in providing information to its investors due to Monday's trading disruption. The Minister of Finance Agus Martowardojo said on Tuesday that IDX should avoid a repeat of problem.

"If the information is not clear, how can the investors know the problem?" Martowardojo said on Tuesday.

Martowardojo observed the IDX directly to see the latest condition in bourse. He said that IDX had made some efforts to repair the trading system than the trading transaction on Tuesday ran normally.

"I wanted to ensure that the bourse can give credible information should the problem appear," he said.

Martowardojo said the members of bourse or vendors must be well connected to obtain the trading information. The minister with the Capital Market and Financial Supervisory Agency (Bapepam-LK) and the bourse's authority will secure the capital market.

Meanwhile, the President Director of IDX, Ito Warsito, promised to anticipate the following problems. "We review every system in IDX," he said. Warsito also apologized to the investors, companies, and other related parties due to Monday's problem.

 

 

 

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