Jump to content

Surabaya Stock Exchange

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Good Olfactory (talk | contribs) at 09:28, 15 March 2016 (added Category:Defunct stock exchanges using HotCat). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Surabaya Stock Exchange
Company typeStock exchange
Founded1989
DefunctOctober 30, 2007
FateMerged into IDX with JSX
SuccessorIndonesia Stock Exchange
Headquarters,
Key people
Bastian Purnama, Last CEO
Websitehttp://www.bes.co.id

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]

History

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.

Products

SSX trades various products, including:

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

See also

References

External links