Surabaya Stock Exchange

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Surabaya Stock Exchange
Stock exchange
FateMerged into IDX with JSX
SuccessorIndonesia Stock Exchange
DefunctOctober 30, 2007
Key people
Bastian Purnama, Last CEO

Surabaya Stock Exchange (SSX) (Bursa Efek Surabaya (BES) in Indonesian) was a stock exchange that 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. It was established in order to support the Indonesian government in capital markets and economic development in the East Region of Indonesia.[1]


On June 16, 1989, SSX started the operation.[2]

On July 22, 1995, the SSX 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.


SSX trades various products, including:

  • Equities (stock)
  • Bonds (Government Bonds and Corporate Bonds)
  • Derivatives products (Japan Futures, LQ45 Futures, and Mini LQ45 Futures)[1]

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