JAKARTA — The Indonesia Stock Exchange (BEI) has officially commenced the implementation of its Liquidity Provider (LP) stock quotation scheme. This strategic initiative aims to significantly boost market liquidity and enhance trading efficiency within the Indonesian capital market. In its initial phase, five prominent stocks have been selected to receive both buy and sell quotations under this innovative scheme.
The five stocks chosen for this pioneering stage include PT Gudang Garam Tbk. (GGRM), PT Pabrik Kertas Tjiwi Kimia Tbk. (TKIM), PT Trans Power Marine Tbk. (TPMA), PT Asuransi Tugu Pratama Indonesia Tbk. (TUGU), and PT Wintermar Offshore Marine Tbk. (WINS).
Phintraco Sekuritas has taken the lead in this endeavor, becoming the very first participant to implement the stock Liquidity Provider program in the Indonesian capital market. Their early involvement marks a crucial step in the program’s rollout.
The core objective behind introducing stock Liquidity Providers is multifaceted: to narrow the bid-ask spread, thereby reducing transaction costs for investors; to significantly increase market depth, offering more robust trading opportunities; and ultimately, to facilitate smoother and more efficient transactions for all investors.
According to Irvan Susandy, Director of Trading and Exchange Member Regulation at BEI, the active participation of brokerage firms as liquidity providers is paramount. He emphasized that their involvement is key to enhancing the quality of price formation within the market, ensuring fairer and more representative valuations.
“The BEI deeply appreciates Phintraco Sekuritas’ commitment to supporting the stock Liquidity Provider program,” stated Irvan on Monday, April 20, 2026. “We anticipate that this pivotal step will catalyze a substantial increase in liquidity, particularly for stocks that possess optimal growth potential.”
The BEI firmly believes that broader involvement from its exchange members will be instrumental in determining the overall effectiveness and success of this program. The positive outcomes observed during this initial phase are expected to serve as a powerful catalyst, encouraging other market participants to actively join and contribute.
With increasing participation, Irvan expressed his optimism that the entire trading ecosystem will evolve to become more liquid, credible, and globally competitive, fostering a more robust environment for investment.
As part of its ongoing efforts to strengthen the market structure, Irvan confirmed that the BEI will conduct regular evaluations of the program’s implementation. This commitment includes the provision of incentives, strategically designed to further encourage active participation from brokerage firms and solidify the program’s long-term success.
He underscored that this initiative represents a crucial step in deepening the Indonesian capital market, ultimately making it more appealing and competitive on both a regional and global scale.
For detailed information regarding the stocks included in the Liquidity Provider scheme, interested parties are encouraged to consult the official channels of the BEI.
Disclaimer: This news article is not intended as an invitation to buy or sell stocks. Investment decisions rest solely with the reader. Bisnis.com is not responsible for any losses or gains arising from readers’ investment decisions.