The Role of Technology in Improving the Efficiency of Indonesia’s Stock Market
With the advancement of technology, Indonesia’s stock market has undergone significant transformation, enhancing efficiency and accessibility for investors. One of the main innovations is the implementation of high-tech trading systems that enable faster and more transparent transactions.
The Indonesia Stock Exchange (IDX) has adopted an electronic trading system that allows investors to execute transactions in real-time through digital platforms. This not only simplifies access for retail investors but also increases market liquidity by accelerating the execution process.
Additionally, the use of big data and analytics has allowed market analysts to monitor market movements more accurately and quickly. By analyzing large volumes of data, analysts can identify market trends and provide timely investment recommendations to investors.
Another innovation is the application of blockchain technology in the transaction settlement system. This technology promises a more efficient and secure settlement process, reducing human error and potential fraud.
The implementation of these technologies is also supported by adaptive regulations from Indonesia’s capital market authorities. The Financial Services Authority (OJK) actively promotes digitalization in the capital market through various policies and initiatives, including simplifying registration and licensing processes for fintech companies operating in the market.
With the continuous development of technology, Indonesia’s stock market is expected to become increasingly efficient and inclusive, providing greater benefits for all market participants.
