KONTAN.CO.ID - JAKARTA. Indonesia's financial services authority will ease some pandemic-era rules for the stock market, including on trading hours and short-selling, it said in a letter to investors. The agency known as OJK had imposed the temporary rules at the start of the COVID-19 pandemic in 2020 to protect the market against volatility. Inarno Djajadi, head of capital markets supervision at OJK said in the letter, a copy of which was obtained by Reuters on Friday, that the regulator will not extend the rules beyond the end of this month as the government removed all coronavirus-related mobility restrictions late last year.
Indonesia to Scrap Pandemic-era Trading Restrictions at End-March - Regulator
KONTAN.CO.ID - JAKARTA. Indonesia's financial services authority will ease some pandemic-era rules for the stock market, including on trading hours and short-selling, it said in a letter to investors. The agency known as OJK had imposed the temporary rules at the start of the COVID-19 pandemic in 2020 to protect the market against volatility. Inarno Djajadi, head of capital markets supervision at OJK said in the letter, a copy of which was obtained by Reuters on Friday, that the regulator will not extend the rules beyond the end of this month as the government removed all coronavirus-related mobility restrictions late last year.