IDX to Evaluate Robot Trading Rules
The Indonesia Stock Exchange is currently refining advanced regulations on trading robots for stock transactions in the capital market. IDX Director of Trading and Membership Laksono Widodo said IDX has allowed Exchange Members to use the automated ordering feature.
"This includes DMA or Direct Market Access and/or trading algorithms, commonly referred to as trading robots," Laksono said. However, Exchange Members must first convey the pattern for submitting orders electronically that will be used to IDX. After getting approval, then the trading robot can be applied.