Core Viewpoint - The Indonesian Stock Exchange (IDX) is considering extending trading hours to enhance market activity and liquidity for investors, following similar moves by other global exchanges [1][2][3]. Group 1: Indonesian Stock Exchange Developments - IDX is exploring the addition of a third daily trading session, currently in preliminary discussions with market stakeholders [2][3]. - The proposal aims to provide greater flexibility for investors without increasing the number of trading days [2][3]. - Previous adjustments have already been made, extending the closing time from 3:00 PM to 4:00 PM Jakarta time [3]. Group 2: Global Exchange Trends - Nasdaq plans to introduce 24-hour trading services by 2026, responding to growing demand from global investors [3][4]. - The Chicago Board Options Exchange (CBOE) announced plans for 24-hour trading pending regulatory approval [5]. - The New York Stock Exchange (NYSE) aims to extend trading hours to 22 hours on weekdays, pending regulatory approval [5]. Group 3: Monetary Policy and Economic Context - The Indonesian central bank recently cut the benchmark interest rate by 25 basis points to 5.5% to stabilize inflation and support economic growth [6]. - This marks the second rate cut in 2023, following a reduction from 6% to 5.75% earlier in the year [6]. - A memorandum of understanding was signed between the central banks of China and Indonesia to promote bilateral currency settlement, expanding the scope of cooperation [7].

Group 1 - The Indonesian Stock Exchange (IDX) is considering extending trading hours to enhance market activity and provide greater flexibility for investors [2][3] - The proposal aims to add a third trading session without increasing the number of trading days, while still adhering to the national calendar and central bank's working hours [2][3] - Iman Rachman, the IDX president, emphasized the need for strategic adjustments based on a clear understanding of the target market and ongoing discussions with market participants [3] Group 2 - Other global exchanges, such as Nasdaq and the Chicago Board Options Exchange (CBOE), are also exploring extended trading hours, with Nasdaq planning a 24-hour trading service by the second half of 2026, pending regulatory approval [3][4] - The New York Stock Exchange (NYSE) announced plans to extend trading hours to 22 hours per day for its fully electronic trading platform, pending regulatory approval [5][6] - The Tokyo Stock Exchange has already extended its trading hours by 30 minutes to improve market efficiency, resulting in a total trading time of 5.5 hours [6] Group 3 - The Indonesian central bank recently cut the benchmark interest rate by 25 basis points to 5.5% to stabilize inflation and support economic growth, marking the second rate cut this year [7] - The central bank aims to maintain inflation within a target range of 2.5%±1% for 2025 and 2026, while also promoting digital economy and inclusive finance [7] - A memorandum of understanding was signed between the central banks of China and Indonesia to enhance bilateral currency settlement cooperation, expanding the scope to include capital and financial accounts [8]