Tuesday June 18 2024

News Source: Global Exchanges

Focus: Trading Systems and Technology

Type: General

Country: International

Link: https://tinyurl.com/2yrmdr52




On 17th June 2024, the Indonesia Stock Exchange (IDX) and Nasdaq (Nasdaq: NDAQ) announced an expansion of their technology partnership which will see IDX upgrade its core trading platform to Nasdaq’s most advanced matching engine.

In addition to Nasdaq’s long-standing relationship with IDX, Nasdaq provides market surveillance technology to OJK, Indonesia’s Financial Services Authority, the core technology platform that underpins KSEI, Indonesia’s central securities depository, and its Calypso treasury solution to Bank Indonesia, the country’s central bank.

The platform supports trading in traditional asset classes, including equities, fixed income, foreign exchange, and derivatives, as well as digital assets, providing the flexibility to support IDX’s objective of increasing the number of products and services it offers to clients.

Click on the above link for further information