IDX moves to boost market cap and trading volumes

The head of the Indonesia Stock Exchange, Ito Warsito, has said he hopes to double the bourse’s market capitalisation to $750 billion this year, thereby overtaking the Singapore Exchange. One way it plans to accelerate this growth is by improving the exchange’s technology. IDX has been working on better integrating its infrastructure over the past two years to improve its connections between exchanges, clearing platforms, depositories, custodians, banks and regulators, says Adikin…