Besides the primary market (or when companies go public through an initial public offering) and mutual funds, the secondary market - where investors trade amongst themselves - is an important trading place to purchase an Indonesian stock.
For domestic and foreign investors, the most used method to participate in this secondary market is through opening a securities account at an Indonesian brokerage or securities firm that is a member of the Indonesia Stock Exchange (IDX).
Securities account at an Indonesian broker
For foreigners who do not live in Indonesia (thus do not have a resident permit/KITAS) it is possible to open a securities account at an Indonesian broker. Usually the following steps are taken:
1. Submit a copy of your passport
2. Fill in the agreement form provided by the broker
3. Pay a deposit; the amount varies from broker to broker but one should think in numbers of USD $6000
4. Get approval of the account
2. Fill in the agreement form provided by the broker
3. Pay a deposit; the amount varies from broker to broker but one should think in numbers of USD $6000
4. Get approval of the account
An extensive list of brokers that are active in Indonesia's secondary market is provided on the official website of the Indonesia Stock Exchange. It is important to do some research about the broker before you decide to become a client as it has occurred that Indonesian brokers (in particular smaller ones) embezzled their clients' money. The IDX monitors brokers that are member of the IDX, but does not publish any preliminary findings. Announcements will be made when the IDX decides to suspend a broker due to irregularities, but by then it is often too late for investor clients to withdraw their money
sumber:
Tidak ada komentar:
Posting Komentar