INDONESIA: IDX Implements Non-Cancellation Period

Tuesday December 16 2025

On 15^th December 2025, the Indonesia Stock Exchange (IDX) announced that it has been implementing a non-cancellation period. This policy is applied during the Pre-Opening and the Pre-Closing Session, as part of efforts to reinforce a fairer and more transparent stock price discovery process.

The Non-Cancellation Period refers to a specific period during the Pre-Opening and the Pre-Closing Session where submitted orders cannot be amended and/or cancelled, however, the entry of new order buy or sell orders remains possible. The Non-Cancellation Period policy is implemented based on Rule Number II-A concerning Equity Securities Trading, which has been in effect since 8 April 2025.

The Non-Cancellation Period is one of IDX’s strategic programs in 2025 aimed to provide greater protection for investors. Through this implementation, IDX hopes to enhance the quality, transparency, and integrity of the price formation process. IDX also hopes that the Non-Cancellation Period will strengthen comfort and increase investor confidence in executing transactions in the Indonesian capital market.

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