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10/4/11

JAKARTA. Indonesia Stock Exchange (IDX) through the softwaredeveloper, is developing software systems integration in order toadjusted net working capital (NAWC) is new. NAWC new systemready to be tested in November 2011, before finally officially opened in February 2012.


"Now in the stage of software development. Later in November will be run, along with the old system," said Director of IDX Ito Warsitoin Jakarta, Tuesday (4 / 10). NAWC operation of two systems aim to ensure the changes do not disrupt the system JATS Exchangetrading.

Later, these trials will be implemented over three months. And, until the deadline at the end of January 2012, securities companies(PE) must adjust the calculation of risk factors in the calculation ofNAWC. "So in February 2012, the new system will run fully toreplace the old system," Ito added.

Haircut Committee itself has been working from the end ofOctober. They make the discussion a certain percentage that is used as a deduction from fair market value of securities in accordance with their respective risks. President Director of PTIndonesian Clearing Guarantee effect (KPEI) previously explained, the committee consists of personnel Self Regulatory Organization(SRO) is IDX two people, KSEI two people, and KPEI one person,as well as five representatives of securities firms and one from an independent party .

MKDB new revision is part of Bapepam-​​LK. V.D.5. regardingMaintenance and Reporting of Net Adjusted Working Capital.NAWC old rules, based on the Decree of the Chairman of Bapepam-​​LK. Kep-20/PM/2003, remain valid until January 31, 2012 and thereafter will be replaced by the Decree of the Chairman of Bapepam-​​LK
source: kontan.co.id
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