BEI'S ON-LINE TRADING SYSTEM EXPECTED TO ATTRACT MORE INVESTORS

Jakarta, Dec 10 (ANTARA) - The on-line trading system applied at the Indonesia Stocks Exchange (BEI) is expected to increase the number of investors and boost trading activities, a BEI director said.

"Through the system, BEI hopes the number of BEI members (securities firms and brokers) applying the on-line trading system will increase to 50 in 2010," BEI's director for information and technology affairs Adhikin Basirun said here on Thursday.

He said at present only eight BEI members were applying the on-line trading system with five of them in the pipeline system.

Basirun hoped that there would eventually be about 650-700 thousand investors who joined the on-line trading system in conducting trade activities. "It is unlikely for the BEI to register one million members next year but about 650-700 thousads," he said.