IDX offers incentives for cross transactions using repatriated funds

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JAKARTA (TheInsiderStories) – PT Bursa Efek Indonesia (Indonesian Stock Exchange/IDX) provides incentives for any shares crossing transactions for repatriated funds. The incentives are provided at maximum of 45 percent of the current costs of 0.03 percent of the transaction value. The scheme is offered progressively, depending the value of crossing transactions — 20 percent for below Rp500 billion, 30 percent in between Rp500 billion and Rp1 trillion, 35 percent for Rp1 trillion-Rp3 trillion, and discount of 45 percent for crossing valued at between Rp3 trillion and Rp5 trillion. Any transaction above Rp5 trillion will be given discount pending on discussion with the exchange board. The discount will be offered until September 30, 2016.

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Source: The Insiderstories
IDX offers incentives for cross transactions using repatriated funds

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