Short Selling Implementation Delayed Again, Exchange Extends Postponement
Jakarta — The Indonesia Stock Exchange (BEI) has announced another postponement of short selling transaction implementation in the domestic stock market. The postponement extends until 14 September 2026.
The decision was communicated by BEI through announcement number Peng-00042/BEI.POP/03-2026, released on 16 March 2026. In the announcement, BEI stated that the postponement was made in consideration of capital market regulator policy.
“The Exchange is postponing the implementation of financing facilities and the execution of short selling transactions by securities companies until 14 September 2026,” BEI management stated in the announcement.
Concurrent with this postponement, BEI also announced it will not issue a Short Selling Securities List as stipulated in Exchange Regulation number II-H concerning Requirements and Trading of Securities in Margin Transactions and Short Selling Transactions until the same date.
BEI explained that this policy represents follow-up action to several letters issued by the Financial Services Authority (OJK) pertaining to policy on postponing the implementation of short selling transaction financing, trading halt policy, and auto rejection limits.
The postponement came into effect from 17 March 2026.
Previously, short selling implementation in Indonesia’s stock market had experienced several delays. The policy has been adopted by regulators as part of efforts to maintain capital market stability and provide market participants and trading infrastructure adequate adjustment time.
In March 2025, the Indonesia Stock Exchange postponed short selling implementation amid market pressure arising from concerns about the budget deficit and threats of tariffs from United States President Donald Trump.
Then in September 2025, short selling application was postponed again, with implementation originally planned for 17 March 2026. The Exchange believes short selling implementation must be aligned with market conditions.