IDX Adds Special Notations to Listed Companies' Codes Starting Today
Summarized and contextualized by DistantNews.
At a glance
- The Indonesia Stock Exchange (IDX) is implementing special notations on listed companies' trading codes starting August 3, 2026, to enhance market transparency and investor protection.
- These notations, detailed in a new circular, aim to provide investors with clearer information on companies' conditions and statuses based on public disclosures.
- Fourteen types of notations will be introduced, with examples including 'B' for bankruptcy filings and 'L' for failure to submit financial reports, though some, like 'P' for free float requirements, will have phased implementation.
The Indonesia Stock Exchange (IDX) is set to introduce special notations on the trading codes of listed companies beginning August 3, 2026. This initiative aims to bolster market transparency and strengthen investor protection.
The new measure, outlined in Circular Letter No. SE-00009/BEI/07-2026, issued on July 31, is designed to offer investors more precise information regarding the condition and status of companies. The IDX emphasized that these notations are not punitive but serve to reflect a company's actual situation based on publicly available disclosures.
Fourteen distinct types of special notations will be implemented. For instance, the 'B' notation will signify companies that have filed for bankruptcy or are subject to bankruptcy proceedings. The 'L' notation will be applied to companies failing to submit their mandatory financial reports. Additionally, a 'P' notation will be introduced for companies not meeting minimum free float requirements, with its implementation staggered across different exchange boards starting in late 2026 and early 2027.
Companies may receive multiple notations if they meet various criteria. The IDX plans to make this information readily accessible and updated on its official website, ensuring investors have timely access to these crucial market indicators.
The special notations are not a form of punishment or regulatory determination. They are intended solely to explain the status of a listed company based on its actual condition and publicly available information.
Originally published by Tempo. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.