Warrant Traders Take Note: JATS Revises Trading of Equity Securities

In 2023, PT Bursa Efek Indonesia (“BEI”) issued Regulation No. II-A (“Previous Regulation II-A”) as the Appendix to Decree of the Board of Directors of BEI  No. Kep-00055/BEI/03-2023 on the Trading of Equity Securities (“Decree 55/2023”). As its title suggests, Regulation II-A broadly outlined various provisions on the trading of equity securities through the Indonesian Stock Exchange (“Exchange”), including trading times, auto-rejection percentage limits and so forth. In this regard, it should be noted that various provisions that feature under Decree 55/2023 were first summarized in the following edition of Indonesian Legal Brief (“ILB”): “PT BEI Gradually Readjusts Trading Policies and Revokes Relaxations Put in Place During COVID-19 Pandemic”.