Risk Management

Designated Stock is securities defined by IDX and IDClear based on the specific requirements of the unwarranted transaction settlement, as stated on OJK Regulation No. 26/POJK.04/2014.

IDClear and the IDX jointly determine the parameters derived from the OJK Regulation Number 26/POJK.04/2014, Chapter V, Article 25. The aforementioned parameters are then set as criteria for determining Non-Guaranteed Securities (ETD) on a monthly basis.

The determination of ETD by the IDX and IDClear is based on the parameters that have been jointly established, in accordance with the derivatives of OJK Regulation Number 26 and IDClear Regulation Number II-15 and the Exchange Regulation Number II-K, including the following:

• Composition of Securities Ownership;
• Transaction Patterns that are suspected of violating Capital Market Laws;
• Fluctuations in securities prices;
• Transaction Volume;
• Transaction Frequency; and
• Other material information.

The IDX and IDClear evaluate the list of ETDs each month using the criteria and data period determined, and announce the list of ETD on the IDX and IDClear websites each month.