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ARTICLE · 18 JULY 1995

Jakarta Stock Exchange And Amsterdam Exchanges NV

Amsterdam Exchanges NV
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NetherlandsAntitrust/Competition Law

The Jakarta Stock Exchange (JSX) and The Amsterdam Exchanges NV (ASE) have entered into a long-term cooperation agreement to enhance the further development of JSX and ASE.

"This is the initial step towards a long-term partnership between JSX and ASE in mobilizing our two countries' Stock Exchange resources," stated Hasan Zein Mahmud, the President Director of JSX.

As one of the rising emerging markets in Asia, JSX has introduced changes designed to improve its position as an efficient securities market in Indonesia and as well as in the region. On May 22, 1995 JSX implemented the Jakarta Automated Trading System (JATS) which will ensure greater efficiency and liquidity of securities trading in the country. The automated trading system will also help domestic and foreign investors who wish to access into this emerging market.

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