Indonesia Could Enter Top 10 Global Exchanges, Here Are the Conditions

Jakarta — The Acting Chief Executive of PT Bursa Efek Indonesia (Indonesia Stock Exchange), Jeffrey Hendrik, has revealed that reforms undertaken through the demutualization of the stock exchange will increase competitiveness and strengthen corporate governance. He also views this as the right moment, as BEI is among the few major global exchanges that have yet to undergo demutualization.

“In the current situation, the Indonesia Stock Exchange ranks in the global top 20, including in terms of daily transaction volumes. With demutualization, we believe BEI will become more modern, agile, and professional,” Jeffrey stated at the Market Outlook 2026 event held at the Indonesia Stock Exchange headquarters on Tuesday, 3 March 2026.

He expressed optimism that with successful demutualization, BEI will enter the top 10 global exchanges within 4-5 years. Jeffrey emphasised that BEI is committed to becoming a world-class exchange—not only in terms of market capitalisation and transaction values but also matching international standards in integrity and governance.

“What we are doing represents steps towards this goal. For this reason, we need support from all stakeholders and market participants, so that we can navigate through this transition and emerge stronger,” he stated.