Surabaya Stock Exchange
 | |
| Company type | Stock exchange |
|---|---|
| Founded | 1989 |
| Defunct | October 30, 2007, officialy defunct on December 1 2007 |
| Fate | Merged with JSX to form Indonesia Stock Exchange |
| Successor | Indonesia Stock Exchange |
| Headquarters | Surabaya, Indonesia |
Key people | Bastian Purnama, Last CEO |
Surabaya Stock Exchange (SSX) or in Indonesian Bursa Efek Surabaya (BES) was officially opened on June 16, 1989 based on the Minister of Finance Decree of Indonesia No. 654/KMK.010/1989 with only thirty-six shareholders. The nature of the SSX establishment at that time was to support the Indonesian government program in the capital market field and the development of the economy in the East Region of Indonesia.[1]
History
On June 16, 1989 SSX started the operation. [2]
On July 22, 1995 the SSX was successfully merged with the Indonesian Parallel Stock Exchange (IPSX), leaving only two primary exchanges operating in Indonesia.[1]
On October 30 2007; SSX was officially merged to Jakarta Stock Exchange (JSX) and becoming Indonesia Stock Exchange (IDX) as a single exchange operating in Indonesia, besides Jakarta Futures Exchange.
Products
SSX trade various products such as:
- Equities (stock)
- Bonds (Government Bonds and Corporate Bonds)
- Derivatives products (Japan Futures, LQ45 Futures, and Mini LQ45 Futures).[1]
References
See also
External links
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