IDX Members Soon Required to Educate Potential Investors
Translator
Editor
11 October 2021 07:19 WIB
TEMPO.CO, Jakarta - The Indonesia Stock Exchange (IDX) is set to require members to provide an education program for potential investors which is overseen in one of its draft regulation No.III-A on Exchange Membership.
The draft, cited from Bisnis.com, mentions that Exchange members must provide educational services for every stock exchange product that is given or offered to customers and or potential customers.
According to the Director of Trading and Regulation of IDX Members Laksono Widodo, the IDX will introduce the education aspect as a form of corporate responsibility and capital market inclusion.
The IDX throughout 2021 recorded 1 million registered stock investors, which is a record high for 44 years of active capital markets. In addition, until July 2021, 3,991 literacy, inclusion, activation, and deepening of capital market activities have been carried out in face-to-face and online classes with a total of 600,622 participants.
Previously, the IDX director of development Hasan Fawzi said the challenge ahead is to assist new investors with sufficient capital market education to start their investment journey which comes as a form of investor protection.
Meanwhile, the phenomenon of young investors such as millennials and gen-z has shown the awareness towards investing from a young age. According to Fawzi, they have become the segment of investors with the highest growth. In IDX records, investors less than 30 years of age have grown 58.58 percent with total assets reaching Rp37.11 trillion.
Read: 8 Property Issuers Facing Possible Delisting from IDX
BISNIS.COM