STOCK TRADING MECHANISM IN IDX

All transactions in the Exchange are processed in a facility called as JATS. Only the Exchange Members, who also become the members of the Indonesian Clearing and Guarantee Corporation (KPEI), can input the orders into the JATS. The Exchange Members are responsible for every transaction they make in the Exchange.

Exchange Members have the responsibility to settle all the transactions they've made, as stated in the Exchange Transaction List (DTB), including the transactions that occur because of:

• the errors made by the supporting equipment or Remote Trading applications of the Exchange Member, except for the errors made by the JONEC software that was provided by the Bourse; and/or
• the mistakes caused by the carelessness of the traders when inserting the purchase and sell orders into the JATS; and/or
• the mistakes caused by the carelessness of the IT Officer-RT when operating their supporting equipments or applications; an/or

the invalid access into the Exchange Member’s supporting equipments or applications.

Market Segmentation

• Regular Market;
• Cash Market;
• Negotiated Market.

Pre-Emptive Rights are traded only on the first session of the Cash and Negotiated Market.


Trading Hours

Securities Trading in Regular, Cash and Negotiation Markets are opened during the trading hours on every business day by reffering to the JATS Timer.

Reguler Market

Day	Session I	Session II
Monday - Thursday	09:30 - 12:00 WIB	13:30:00 - 16:00 WIB
Friday	09:30 - 11:30 WIB	14:00:00 - 16:00 WIB

Cash Market

Day	Time
Monday - Thursday	09:30:00 - 12:00:00 WIB
Friday	09:30:00 - 11:30:00 WIB

Pre-Opening Session

Pre-opening session in Regular Market is opened every Exchange Day:

Time	Agenda
09:10:00 - 09:25:00 WIB	The Exchange Members input the buying and selling orders.
09:25:01 - 09:29:59 WIB	JATS processes the pre-opening price forming and allocates every done transaction.

Purchase and Sell Orders

Exchange Members can only execute limit orders, or orders entered at a specified limit price set by their clients.

All purchase and sell orders on securities other than the pre-emptive rights can only be executed by the brokers in the Regular Market, except if their client has specifically instructed them or agreed on paper that their orders should be executed at the Cash or Negotiated Markets.


Trading Unit and Price Step (Step Value)

Trading Unit

Stock trading at the Regular and Cash Market have to be in a round lot of 500 (five hundred) unit or its multiply, while the stock trading at the Negotiated Market does not have to be in a round lot.

Price Step

Price	Step Value	Maximum Price Step *
<>	Rp 1	Rp 10
Rp 200 to <>	Rp 5	Rp 50
Rp 500 to <>	Rp 10	Rp 100
Rp 2,000 to <>	Rp 25	Rp 250
> Rp 5,000	Rp 50	Rp 500

Note
* The maximum price step is 10 times of the step value, should be below the limit of Auto Rejection, and is not valid on the pre-opening.

Stock step value and its maximum price step are valid for one entire trading day and will be adjusted on the next day if its closing price falls on a different price range. The maximum price step should not exceed the percentage of Auto Rejection limit.

Auto Rejection

The price of bids and asks input into the JATS should be in a certain price range. If a Broker inputs a price beyond the stock's price range, the JATS will automatically reject the stock order.

Auto Rejection Percentage:

Price Group	Auto Rejection Precentage
Price < Rp 100	50%
Rp 100 <>< Rp 500	35%
Rp 500 <>< Rp 2,500	30%
Rp 2,500 <>< Rp 5,000	25%
Price > Rp 5,000	20%

The bids and asks of a stock should be based on:

• its previous price;
• its pre-opening price, if the stock has formed a pre-opening price;
• its theoretical price, if the stock is traded in a Bourse that is conducting a Corporate Action;
• its initial price, if the stock is listed for the first time in the Exchange;
• its proper price determined by an independent party, if the stock is of a Public Company or other Bourse.

Auto rejection limit of a newly listed stock in the Exchange (on its first day) is twice of the parameter above.

Pre-Opening Session

Stock trading at the Regular Market starts with a Pre-opening session. This session allows Exchange Members to input their purchase and sell orders according to the provisions of the stock unit, step value and Auto Rejection limit.

The Pre-opening price is formed from the accumulation of the total highest bids and asks matched by the JATS during the Pre-opening session.

All bids and asks that have not been matched during the pre-opening session will be processed in the first session of the trading day, except if the price of the bids and asks has excel the Auto Rejection limit.


Regular Market

The bids and asks will be processed by the JATS by considering:

1. Price priority
Higher bids have more priority than lower bids. On the contrary, lower asks
have more priority than higher asks.
2. Time Priority
If the bids and asks are on the same price, JATS will give priority to the first
submitted bids and asks.

Reduction on the number of purchase or sell order processed into the JATS will not cause time priority lose. On the other hand, addition on the number of purchase or sell order processed into the JATS will be treated as a new order. Stock trading in the Regular and cash Market will occur and bind when JATS matches the sell and purchase orders.

Negotiated Market

In Negotiated Market, prices of each security are bargained out between:

• Exchange Members
• Investor and one Exchange Member
• Investor and Exchange Members
• Exchange Members and the Indonesian Clearing and Guarantee Corporation (KPEI)

The results of the negotiation will be processed through the JATS.

The Exchange Members can submit their bids and asks through the ad board, and they can change or cancel them before they are matched with other bids and asks in the JATS. Once they are matched, a transaction is made and will be carried out.

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Bank Bumiputera expands Network of Branch Office

PT. Bank Bumiputera Indonesia, Tbk opened its 67th branch in the city of Makassar on 14th July 2008. The soft opening was graced by Bapak Legiman Leidin, Director of Business Banking.

“PT. Bank Bumiputera is ready to serve the community in Makassar and more specifically its business people with its full range of professional banking services”, said Legiman Leidin. He added that Makassar has been identified as a potential growth area in view of its economic development. The Bank will continue to support its business community in commerce and industry focusing on retail and small medium enterprises and thus contributing to the economic growth of Makassar.

PT Bank Bumiputera Tbk. total deposits recorded an increase of 20.2% to Rp5.58 trillion in the first quarter ended 2008 compared to Rp4.65 trillion in 2007 while total credit increased by Rp592.33 billion to Rp5.03 trillion. The opening of the new branch in Makassar is expected to significantly contribute to the Bank’s performance in its loans and deposits base.

PT. Bank Bumiputera Tbk. will continue to implement its strategic initiatives in line with its 2008 Business Plan such as expanding its branches network in towns with growth potential, upgrading its IT system and development of new products and services. The Bank is committed to its slogan “BANK SAHABAT KELUARGA” by providing friendly and convenient services to its customers in areas that it serves.

PT Bank Bumiputera Tbk. is a member of the ICB Banking Group which also operates in other parts of Asia and Africa.

Address at Makassar Branch Office is as follows:
Ruko Bulusaraung Square Blok A No. 6 & 6A
Jl. Gunung Bulusaraung
Gaddong, Makassar 90157
South Sulawesi
Tel. (0411) 365 1551
Fax. (0411) 365 1552

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About Arta Graha Bank

Vision
Our specialized services lead the markets segments we are in. Our growth shall be from strength to strength.
Mission

We are a great team, who enjoys delighting our customers by delivering great services. We are committed to be the best, producing great results always.

PT Bank Artha Graha Internasional Tbk. in Brief The Company originated from a Non-Bank Financial Institution with the name PT Inter-Pacific Financial Corporation, that was established on 7 September 1973, as a joint venture company among: PT Bank Rakyat Indonesia (PERSERO) – Jakarta, INDONESIA; Continental Bank S.A./NV. Brussels – BELGIUM; The Sanwa Bank Ltd. – Osaka, JAPAN and Credit Commercial De France S.A. – Paris, FRANCE. During the course, the Company changed the status and function to Joint Venture Bank on 24 February 1993, being active in commercial banking business, and named PT Inter-Pacific Bank.

Five years later, on 1 July 1998, the Bank changed the name to PT Bank Inter-Pacific Tbk. On 23 December 2003, Bank Indonesia issued the permit to take over 99.11% shares of the Bank to the Consortium of PT Bank Artha Graha and PT Cerana Arthaputra. On 14 April 2005 the Extraordinary Shareholders Meeting of PT Bank Inter-Pacific Tbk. agreed on the merger of PT Bank Artha Graha and PT Bank Inter-Pacific Tbk. On 15 June 2005 Bank Indonesia approved the merger of PT Bank Artha Graha and PT Bank Inter-Pacific Tbk. On 11 July 2005 the merger of Bank Artha Graha and PT Bank Inter-Pacific Tbk was effective, and on 14 July 2005 (under the decree of Minister of Law and Human Rights No. C-19621 HT.01.04.TH2005) the name was changed to PT Bank Artha Graha Internasional Tbk

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Bank NISP

Brief History

Sixty-seven years ago - on April 4, 1941 to be precise -- Bank NISP was established in Bandung, West Java, under the name NV Nederlandsch Indische Spaar En Deposito Bank. Bank NISP is the fourth oldest bank in Indonesia and initially operated as a savings bank. In 1967 the bank's status was changed to that of a commercial bank. In 1972, Bank NISP entered into a financing and technical assistance agreement with Daiwa Bank of Japan through Bank Daiwa Perdania, which was the first joint venture bank in Indonesia. On 27 June 1974, Bank NISP became a shareholder in Bank Perdania, in which as of 31 March 2002 Bank NISP has 19.92% share. In March 2003, the Daiwa Bank, Limited, and the Asahi Bank, Limited, merged, and reorganized into Resona Bank, Limited, and Saitama Resona Bank, Limited, to establish "The Resona Holdings, Inc." In connection with the merger, the bank's name has been changed from PT Bank Daiwa Perdania to PT Bank Resona Perdania. However, the Extraordinary General Shareholders Meeting in 2005 has decided to sell Bank NISP's entire shareholding in PT Bank Resona. The sale of the 19.92% shareholding ( 567,777 shares ) was intended to maximize Bank NISP's earning assets structure by shifting the investment to the real sector. Bank NISP's status was upgraded in 1990 when the bank became a foreign exchange bank. In line with this, confidence in Bank NISP from several international institutions continued to grow. EXIM Bank of Japan and Netherlands Development Finance Company (FMO) both used Bank NISP to channel their longterm soft loans to small- and medium-sized enterprises. In addition, Bank NISP also participated in USAID's loan guarantee portfolio program from the United States. Bank NISP became a public bank on October 20, 1994, listing its shares on the Jakarta Stock Exchange. In 1995 and 1996, Bank NISP was awarded ISO 9002 certification for its Treasury and Financial Institutions division as well as its Head Office division. Bank NISP was the first bank in the Asean region to apply international quality standards. In January 2000, Bank NISP's ISO 9002 certification was upgraded to ISO 9001-1994 and there was a further upgrade to ISO 9001-2000 certification in 2001. At the beginning of 1997, together with Singapore's third largest banks the Oversea-Chinese Banking Corporation (OCBC), Bank NISP established a joint venture bank called Bank OCBC-NISP. Following the acquisition of PT Bank Keppel TatLee Buana by PT Bank OCBC-NISP in February 2002, the name of PT Bank OCBC-NISP was changed to PT Bank OCBC Indonesia. In 2002, Bank NISP divested its share in the bank from 15% to 1.33%. In the same year, Bank NISP became the first bank in Indonesia to receive longterm bilateral loans directly from the International Finance Corporation (IFC), a member of the World Bank Group. Then at the beginning of 2001, the IFC became a shareholder in Bank NISP, taking a 9.6% share through Rights Issue II and changing the loans that it had already provided into subordinated loans amounting to USD 5 million. Following this, a second investment was made through rights issue III, totaling Rp 31.56 billion and USD 5 million through the execution of the compensation for the above loans, which was carried out in July 2002. By 2005 Bank NISP held its 4th rights issue which raised a total of Rp 601.5 billion. As of 30 September 2005, the IFC officially owns a 7.17% stake in Bank NISP. The economic crisis that struck Indonesia in mid-1997 and rapidly deteriorated into a banking crisis forced the government to introduce a recapitalization program to rescue Indonesia's banking sector. Under this program, Bank Indonesia classified Bank NISP as an 'A' bank, indicating that the bank's capital structure was strong enough to exclude it from the bank recapitalization program, which was essentially aimed at strengthening capital. In 1999, while the majority of Indonesian banks were involved in internal recovery activities, Bank NISP went ahead and launched a repackaged Home Ownership Loan product called 'KPR Merdeka' (Independence Home Ownership Loans). The unique feature of this product is the loan approval process, which takes only five working days as from when all data have been received. This product received a very warm welcome from members of the public who had anxiously been awaiting bank loans to help them pay for their homes in the midst of the economic crisis. With the support of more than 5,300 employees, over 352 offices and 20,000 ATMs (including the "ATM Bersama" and ATM BCA network ) spread throughout Indonesia and also OCBC Bank's ATMs in Singapore, and BankCard in Malaysia Bank NISP continues to grow and develop without forgetting the importance of providing quality service to its customers. In the international domain, trust to Bank NISP has become more concrete, OCBC Bank Singapore, one of the biggest banks in the Southeast Asia, came in as a shareholder of NISP since April 2004. With the 72.40% share ownership by the end of 2007, OCBC Bank is the biggest institutional shareholder of Bank NISP, which actively supports Bank NISP’s growth and development to be the world-class standard bank.

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Bank Muamalat

Product for the Creditor (Shahibul Maal)
"Ummat Saving (Tabungan Ummat) is a Syariah (The Moslem Law) way of investment that enable you to deposit or withdrawal your cash money easily."
Benefit and Facilities :
ATM Card: 24 Hours Accessibility to more than 8800 ATM network, including BCA and ATM Bersama, all over Indonesia.
Can be used as a debit card to shop in more than 18000 merchant of BCA Debit card.
Interesting monthly profit sharing, will be added automatically to your saving account.
Real-time online system.
24 Hours Phone Banking, facility include: inquiry, transaction history, PIN Changing, transferring to another account, ZIS Payment.
Tithe Payment Auto-debit system.
Monthly Bills Payment Auto-Debit System (Phone Bill, Electricity, Mobile Phone, etc.)
Requirements :
Initial Deposit is Rp. 500.000,-
Minimum Deposit is Rp. 250.000,-
A Copy of ID Card.
Card Emboss Fee Rp. 7.500,-
Free Monthly fee (Balance Rp. 2.000.000,- will be charged Rp. 5.000,- per Month).
* ATM Bersama Members include: BNI, BRI, DANAMON, NIAGA, BUKOPIN, MEGA, PERMATA, NISP, BUMIPUTERA, DKI, JABAR, JATIM, SULSEL, KALTIM, KELSEL, IFI, BTPN, SWADESI, MAYAPADA, PRIMA EXPRESS, NUSANTARA PARAHYANGAN, STANDARD CHARTERED, ABN-AMRO, COMMONWEALTH BANK.

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BII

Sekilas BII PT Bank Internasional Indonesia Tbk (BII) didirikan pada tanggal 15 Mei 1959 dan memperoleh status bank umum devisa pada tahun 1988 serta mencatatkan sahamnya di Bursa Efek Jakarta dan Bursa Efek Surabaya pada tahun 1989 melalui penawaran umum saham perdana (initial public offering). Sejak itu BII terus berkembang menjadi salah satu bank swasta nasional terkemuka di Indonesia dengan visi “Menjadi Bank Terbaik di Indonesia yang Menyediakan Layanan Nasabah dan Produk Inovatif Berkelas Dunia”.
Pada bulan Desember 2003, Konsorsium Sorak mengambil alih saham Bank sebesar 51%, melalui suatu proses penjualan kompetitif yang diselenggarakan oleh Badan Penyehatan Perbankan Nasional (BPPN). Anggota konsorsium Sorak terdiri dari Asia Financial Holdings Pte. Ltd, Kookmin Bank, ICB Financial Group Holdings Ltd dan Barclays Bank PLC.
BII adalah salah satu bank terbesar di Indonesia dengan jaringan internasional yang memiliki lebih dari 230 cabang dan 700 ATM di seluruh Indonesia serta tergabung dalam jaringan ATM ALTO dan CIRRUS. BII menyediakan serangkaian jasa keuangan melalui kantor cabang dan jaringan ATM, phonebanking dan internetbanking serta aktif di sektor UKM/Komersial, Konsumen dan Korporasi. BII menyediakan produk dan jasa untuk perusahaan berskala menengah dan komersial serta menyediakan kepada individu produk-produk kartu kredit, KPR, deposito, kredit otomotif, pinjaman dan layanan perbankan prioritas. Sedangkan layanan untuk nasabah korporasi adalah trade finance, cash management, pinjaman, kustodian dan foreign exchange

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Profil Bank JATIM

Bank Pembangunan Daerah Jawa Timur, yang dikenal dengan sebutan Bank JATIM, didirikan pada tanggal 17 Agustus 1961 di Surabaya. Landasan hukum pendirian adalah Akte Notaris Anwar Mahajudin Nomor 91 tanggal 17 Agustus 1961 dan dilengkapi dengan landasan operasional Surat Keputusan Menteri Keuangan Nomor BUM.9-4-5 tanggal 15 Agustus 1961.
Selanjutnya berdasarkan Undang-Undang Nomor 13 Tahun 1962 tentang Ketentuan Pokok Bank Pembangunan Daerah dan Undang-Undang Nomor 14 Tahun 1967 tentang Pokok-Pokok Perbankan, pada tahun 1967 dilakukan penyempurnaan melalui Peraturan Daerah Propinsi Daerah Tingkat I Jawa Timur Nomor 2 Tahun 1976 yang menyangkut Status Bank Pembangunan Daerah dari bentuk Perseroan Terbatas(PT) menjadi Badan Usaha Milik Daerah(BUMD).
Secara operasional dan seiring dengan perkembangannya, maka pada tahun 1990 Bank Pembangunan Daerah Jawa Timur meningkatkan statusnya dari Bank Umum menjadi Bank Umum Devisa, hal ini ditetapkan dengan Surat Keputusan Bank Indonesia Nomor 23/28/KEP/DIR tanggal 2 Agustus 1990.
Untuk memperkuat permodalan, maka pada tahun 1994 dilakukan perubahan terhadap Peraturan Daerah Nomor 9 Tahun 1992 tanggal 28 Desember 1992 menjadi Peraturan Daerah Propinsi Daerah Tingkat I Jawa Timur Nomor 26 Tahun 1994 tanggal 29 Desember 1994 yaitu merubah Struktur Permodalan/Kepemilikan dengan diijinkannya Modal Saham dari Pihak Ketiga sebagai salah satu unsur kepemilikan dengan komposisi maksimal 30%.
Dalam rangka mempertahankan eksistensi dan mengimbangi tuntutan perbankan saat itu, maka sesuai dengan Rapat Umum Pemegang Saham Tahun Buku 1997 telah disetujui perubahan bentuk Badan Hukum Bank Pembangunan Daerah menjadi Perseroan Terbatas. Berdasarkan Pasal 2 Peraturan Menteri Dalam Negeri Nomor 1 Tahun 1998 tentang Bentuk Badan Hukum Bank Pembangunan Daerah, maka pada tanggal 20 Maret 1999 Dewan Perwakilan Rakyat Daerah (DPRD) Propinsi Daerah Tingkat I Jawa Timur telah mensahkan Peraturan Daerah Nomor 1 Tahun 1999 tentang Perubahan Bentuk Hukum Bank Pembangunan Daerah Jawa Timur dari Perusahaan Daerah (PD) menjadi Perseroan Terbatas (PT) Bank Pembangunan Daerah Jawa Timur.
Sesuai dengan Akte Notaris R. Sonny Hidayat Yulistyo, S.H. Nomor 1 tanggal 1 Mei 1999 yang telah ditetapkan dengan Surat Keputusan Menteri Kehakiman Nomor C2-8227.HT.01.01.Th tanggal 5 Mei 1999 dan telah diumumkan dalam Berita Negara Republik Indonesia tanggal 25 Mei 1999 Nomor 42 Tambahan Berita Negara Republik Indonesia Nomor 3008, selanjutnya secara resmi menjadi PT. Bank Pembangunan Daerah Jawa Timur.

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