OTCTrading Hours: Detail
OTC (Over The Counter) or SPA (Sistem Perdagangan Alternatif) is a trading mechanism of derivatives contract where all the transaction was held outside the Exchange. The transaction will then be reported to the exchange and registered to the Clearing House.
Based on UU No. 10 Year 2011, Section IIIA, Article 30 A & B which regulates procedure of SPA/OTC and SK Bappebti No. 89 which regulate procedure of SPA/OTC product that has to be reported to the Exchange and registered to the Clearing House, ICDX is focused on reducing default risk, enhancing control and providing protection for investor. This function will provide a lot of added value to all the players.