July 21, 2024

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Indonesia Stock Exchange Partners with Nasdaq to Upgrade Market Infrastructure

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Technology partnership will further enhance overall resilience and integrity of the exchange, while supporting the rapid deployment of new products and services

Scalable trading platform will quadruple transaction capacity and support development of Indonesian economy

NEW YORK and JAKARTA, Indonesia, June 17, 2024 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) and the Indonesia Stock Exchange (IDX) today announced an expansion of their technology partnership which will see IDX upgrade its core trading platform to Nasdaq’s most advanced matching engine. The deal also includes an extension of Nasdaq’s market surveillance partnership with IDX, and an agreement to enhance IDX’s Index business to help foster a deeper and sophisticated global capital markets ecosystem.

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