Indonesia exchange attracts investment from Japanese peer

People walk past a statue of a bull as they enter the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia. Photographer: Dimas Ardian/Bloomberg

Japan Securities Finance, a provider of capital for margin trades, has acquired a 10% interest in a group arm of the Indonesia Stock Exchange as it seeks to generate business beyond the lethargic Japanese market.

JSF has invested 55 billion rupiah ($3.76 million) in Pendanaan Efek Indonesia, a securities-financing company 90%-owned by the group anchored by the Indonesia Stock Exchange. An agreement on the transaction was reached with Indonesia’s Financial Services Authority.

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