NASDAQ OMX LAUNCHES PLATFORM FOR INDONESIA STOCK EXCHANGE

Posted March 9, 2009

STOCKHOLM -- The Nasdaq OMX Group Inc. has launched a new platform, JATS-NextG, for the Indonesia Stock Exchange (IDX). JATS-NextG will replace the two trading systems previously used at Jakarta and Surabaya Stock Exchanges, which in 2007 merged to form IDX.

“The aim of the new system was to meet the future needs of the Indonesia capital market and to maintain proper, efficient and orderly trading,” says Erry Firmansyah, President Director of IDX. “To meet with future demands, the JATS-NextG is designed to handle up to one million orders and 500,000 transactions per day, a much bigger capacity compared to the previous system that could handle 360,000 orders and 200,000 transactions per day. The new system also facilitates an integrated distribution of trading information and surveillance on all products traded at the Exchange.”

With JATS-NextG, IDX will be able to trade all its financial products, including equities, derivatives, mutual funds and bonds, on one single platform. The system also enables significantly increased trading volume and has greater flexibility to accommodate the fast-growing and dynamic Indonesian market.

“We are proud to list IDX among our customers and we look forward to support them in their future growth,” says Lars Ottersgard, Senior Vice President and Head of Market Technology at Nasdaq. “We believe in the growth potential of the Indonesian capital markets. The recent successful launch further strengthens IDX's ability to support the development of the Indonesian market and to increase liquidity for its members and institutions. In addition, this launch strengthens Nasdaq OMX's presence in the Asia-Pacific region, where our technology today powers 12 exchanges.”