The capital market is the activity concerned with the public offering and trading of securities, public companies relating to issuance of securities, as well as institutions and professions related to the effect. (Definition of capital markets, according to Law no. 8, 1995)
Thus, the capital market is very related to the effect and the parties relating to these securities. Here the intention is to effect securities, namely debt instruments, commercial paper, stocks, bonds, evidence of debt, units of collective investment contracts, futures contracts on securities, and any derivatives of securities.
In Indonesia, the agency that runs the stock market is the Indonesia Stock Exchange (IDX). Previously, there were two exchanges are running, namely Jakarta Stock Exchange (JSX) and the Surabaya Stock Exchange (BES), which was merged into the BEI.
In this exchange traded securities that, in the context of long-term financing (or capital increase) company.
Thursday, 22 May 2014
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