The Board of Directors of PT Bursa Efek Indonesia (“ BEI ”) has issued Decree No. KEP-00096/BEI/12-2022 (“ Decree 96/2022 ”), which introduces adjustments to trading procedures at PT BEI, which has been in force since 28 December 2022. Previously, trading procedures were regulated under Decree No. Kep-00098/BEI/12-2021 (“ Decree 98/2021 ”), which has now been repealed and replaced. Decree 96/2022 has been introduced in order to implement the new protocol of the Jakarta Automated Trading System (“ JATS ”) and market Order Fill and Kill (“ FAK ”) during pre-opening and pre-closing. [1]
PT BEI Adjusts JATS and FAK Protocols That Apply to Trading Procedures
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