what is the indonesia stock exchange idx 
the indonesia stock exchange idx handles securities transactions in the country of indonesia the primary goal of the idx is to provide the infrastructure to enable orderly fair and efficient trading of securities 1 the idx saw a record number of investors in 2021 and has 713 company listings as of 2020 2understanding the indonesia stock exchange idx the indonesia stock exchange idx was created by the merger of the jakarta stock exchange jsx and the surabaya stock exchange ssx the jsx was indonesia s first stock exchange founded in 1912 for the interest of the dutch east india company the jakarta stock exchange was closed during parts of world wars i and ii when it reopened in 1952 the only exchanged security was the indonesian government bond the exchange became inactive from 1956 1977 and despite being reactivated in 1977 trading activity continued to be slow with only a few dozen companies listed 3regulatory changes that were enacted between 1988 and 1992 improved trading activity the exchange introduced its automatic trading system in 1995 and began to implement remote trading in 2002 in 2007 the jakarta stock exchange merged with the surabaya stock exchange to form the indonesia stock exchange in may of 2018 the exchange updated its trading system and created a new data center 3emerging markets like indonesia have their own set of additional risks for investors emerging markets generally do not have the level of market efficiency and strict standards in accounting and securities regulation to be on par with advanced economies such as the united states europe and japan but emerging markets do typically have a physical financial infrastructure including banks a stock exchange and a unified currency indonesia stock exchange developmentsthe idx has strived to become a credible and acknowledged world class stock exchange in its annual report of 2020 the key achievements for the idx included the following 2in 2020 idx succeeded in boosting the number and participation of investors which set a new record for the history of the stock exchange the idx saw an increase in quantity and quality of listed companies including recording the largest number of company listings in asean 2 the association of southeast asian nations asean is a group of 10 nations in southeast asia that collaborate to promote economic and cultural growth besides indonesia some of the other asean countries include malaysia the philippines singapore and thailand 4the total number of listed companies stands at 713 at the end of 2020 the exchange continues to expand by adding 47 new exchange traded funds etfs and 51 new securities also new corporate bonds and reits or real estate investment trusts have been added reits pool investors money to invest in commercial properties and collect the rent 2in 2020 the exchange saw a 73 increase in the number of daily active investors from 2019 and reached a market capitalization of rp 6 970 trillion 490 billion by 2021 2