BBTN Strengthens Services for Wealthy Customers - Indo Premier Securities
Indo Premier Securities is strengthening its services for affluent clients through enhanced margin trading facilities. The brokerage now offers additional leverage capacity based on the Indonesia Stock Exchange (BEI) regulations, allowing clients to utilise a maximum portfolio margin of three times their equity with a debt ratio of 65% without time restrictions.
Under the facility’s risk management framework, forced selling will be automatically triggered if the debt ratio reaches 75%, in accordance with IndoPremier’s risk management provisions.
The margin facility operates under Regulation No. V.D.6 as stipulated in the Capital Market and Financial Institution Supervisory Agency (BAPEPAM-LK) Chairman’s Decree No. Kep-258/BL/2008 dated 30 June 2008. Eligibility requirements include:
Applicants must possess a net worth exceeding IDR 1 billion (one billion rupiah)
Applicants must have annual income surpassing IDR 200 million (two hundred million rupiah)
Applicants must open or maintain a Regular Securities Account to accommodate securities transactions that cannot be financed by the securities company
Initial mandatory collateral must be deposited with IndoPremier in the form of cash or shares, amounting to at least 50% (fifty per cent) or IDR 200 million (two hundred million rupiah), whichever is higher, of the value of securities financed by IndoPremier