IDX Data Services

About IDX Data Services
Product IDX License
Fees
Redistributor
How to Subscribe
Administration Requirement
Technical Requirement
License Agreement
Subscription Form
Unit of Count Reporting
Contact Us

About IDX Data Services

Indonesia Stock Exchange (IDX) as one of the regulators and trade organizers in the Indonesian Capital Market provides various Market Data product solutions which are developed to provide information to the public in order to support the right decision making. IDX License products are in the form of IDX Market Data, IDX Data Reference, IDX Publication, IDX Index License and IDX Connection License. These products are Real Time, Delayed, End of Day and Historical which can be used by various related institutions in the Indonesian Capital Market.

Product IDX License

1. IDX Data

DISPLAY

A. IDX Market Data

Market Data are distribution services for Stock, Bond and Derivative trading data, also known as IDX / IDX Market Data issued by IDX to IDX Licensee.

Market Data divided into 2 categories, Direct connection and Indirect connection. Direct connection is IDX Licensee get the data directly from the IDX and required IDX Data Services agreement with the IDX only. Whereas Indirect connection is IDX Licensee gets IDX Data through IDX Redistributor. In this case IDX Licensee required both IDX Data Services Agreement and Agreement with IDX Redistributor.

Market Data: Direct Connection

*Equity*		Suitable For	Sample Data
1	*IDX Equity Real Time Order*	Data Vendor and Brokers
2	*IDX Equity Real Time 5 Level Market Depth*	Data Vendor and Brokers
3	*IDX Equity Real Time Summary*	Data Vendor, Brokers, Financial Advisor, Research Institution, Asset Management Companies, Banks, Market Analysis Companies, Start-up, Media
4	*IDX Equity Real Time Indices*	Data Vendor, Brokers, Financial Advisor, Research Institution, Asset Management Companies, Banks, Market Analysis Companies, Start-up, Media
5	*IDX Equity EoD*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
6	*IDX Equity EoD Professional*	Data Vendor, Financial application developer, Investment Manager, Fintech Startup
7	*IDX Equity EoD Basic*	Data Vendor, Financial application developer, Investment Manager, Fintech Startup
8	*IDX Equity EoD Indices*	Data Vendor, Financial application developer, Investment Manager, Fintech Startup
9	*IDX Equity EoD Indices Weight*	Data Vendor, Financial application developer, Investment Manager, Fintech Startup
10	*IDX Equity EoD* *Recapitulation*	Data Vendor, Financial application developer, Investment Manager, Fintech Startup
Derivative		Suitable For	*Sample Data*
1	*IDX Derivative Real Time Order*	Data Vendor and Brokers
2	*IDX Derivative Real Time 5 Level Market Depth*	Data Vendor and Brokers
3	*IDX Derivative EoD*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
*Bond*		Suitable For	Sample Data
1	*IDX Bond Real Time*	Data Vendors, Brokers, Banks
2	*IDX Bond EoD*	Asset Management Companies, Banks, Market Analysis Companies
IDX ITCH		Suitable For	Sample Data
1	*IDX ITCH Total View*	Data vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
2	*IDX ITCH Basic*	Data vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
3	*IDX ITCH Last Sale*	Data vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies

Market Data: Indirect Connection

*Equity*		Suitable For	Sample Data
1	*IDX-i Equity Real Time Order*	Data Vendor and Brokers	Please contact IDX Redistributor
2	*IDX-i Equity Delayed Order*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
3	*IDX-i Equity Real Time 5 Level Market Depth*	Data Vendor and Brokers
4	*IDX-i Equity Real Time Summary*	Data Vendor and Brokers
5	*IDX-i Equity Delayed 5 Level Market Depth*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
6	*IDX-i Equity Delayed Summary*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
7	*IDX-i Equity Real Time Stock Price*	Data Vendor, Indices Provider and Brokers
8	*IDX-i Equity Delayed Stock Price*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies, Indices Provider
9	*IDX-i Equity Real Time Indices*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
10	*IDX-i Equity Delayed Indices*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
11	*IDX-i Equity Real Time Constituent Indices*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
12	*IDX-i Equity EoD*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
13	*IDX-I Equity EoD Professional*	Data Vendor, Financial application developer, Investment Manager, Fintech Startup
14	*IDX-I Equity EOD Basic*	Data Vendor, Financial application developer, Investment Manager, Fintech Startup
15	*IDX-I Equity EoD Indices*	Data Vendor, Financial application developer, Investment Manager, Fintech Startup
16	*IDX-I Equity EoD Indices Weight*	Data Vendor, Financial application developer, Investment Manager, Fintech Startup
17	*IDX-I Equity EoD Recapitulation*	Data Vendor, Financial application developer, Investment Manager, Fintech Startup
Derivative		Suitable For	Sample Data
1	*IDX-i Derivative Real Time Order*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies	Please contact IDX Redistributor
2	*IDX-i Derivative Real Time 5 Level Market Depth*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
3	*IDX-i Derivative EoD*	Data Vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies
Bond		Suitable For	Sample Data
1	*IDX-i Bond Real Time*	Data Vendors, Brokers, Banks	Please contact IDX Redistributor
2	*IDX-i Bond EoD*	Asset Management Companies, Banks, Market Analysis Companies	Please contact IDX Redistributor
IDX ITCH		Suitable For	Sample Data
1	*IDX-i ITCH Total View*	Data vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies	Please contact IDX Redistributor
2	*IDX-i ITCH Basic*	Data vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies	Please contact IDX Redistributor
3	*IDX-i ITCH Last Sale*	Data vendor, Brokers, Financial Advisor, E-Commerce (Capital Market), Research Institution, Asset Management Companies, Banks, Market Analysis Companies	Please contact IDX Redistributor
Others		Suitable For	Sample Data
1	*Display Stock Price Data on Company’s Website*	IDX Listed Company only	Please contact IDX Redistributor

B. IDX Data Reference

A license granted by the IDX to use the system provided by the IDX which contains Listed Company data, including financial reports, corporate actions, and other matters, which IDX obtains based on reports from the Listed Company. The data is in as is basis without any changes from IDX.

Data Reference		Suitable For	Sample Data
1	*IDX Data Reference for Enterprise Package*	Startups, Corporation, Investment banks

NON-DISPLAY

IDX Market Data (Equity, Derivative, Bond)
IDX Data Reference
Category 1	Category 2	Category 3	Category 4
Use of IDX Data Services for Algorithmic Trading needs	Use of IDX Data Services for investment analysis, portfolio valuation, risk management, and quantitative analy	Use of IDX Data Services for the needs of derived data creation, Contract For Difference (CFD), and index creation	The use of IDX Data Services is outside the scope of categories 1-3

Available in Direct Connection and Indirect Connection

Historical Order	Suitable For	Sample Data
*IDX Equity and Derivative Historical Order*	Exchange Member, Data Vendor, Investment Manager

The Licensee for the Non-Display service category, who wishes to become a Redistributor, shall first change the selected service to or have a license for the Display category.

IDX DATA FOR UMKM
The policy of applying special prices for certain products that have been determined and apply to UMKM is in accordance with the Criteria for Government Regulation Number 7 of 2021 concerning Ease, Protection, and Empowerment of Cooperatives and Micro, Small, and Medium Enterprises.

The following are the products that have been determined to get a discount:
● IDX Equity Real Time Summary
● IDX Equity Real Time Indices
● IDX-i Equity Real Time Summary
● IDX-i Equity Real Time Indices
● IDX EOD Professional
● IDX EOD Indices

2. IDX Publication

Data that contains information related to trading stocks, bonds and other instruments on the Indonesia Stock Exchange

3. IDX Index License

License granted by IDX to companies who use Indexes issued by the Indonesia Stock Exchange for the purpose of investment products creation such as ETFs, Mutual Funds, as well as benchmarks.

IDX License Index Products are divided into 2 categories as follows:

IDX Index Licenses are not transferable and are non-exclusive to Licensees to use the Indonesia Stock Exchange Indexes and Trademarks in accordance with the terms and conditions apply.

IDX Index License Recipients will be required to report the total assets managed and will be subject to a license in accordance with applicable regulations. Reporting through IDX Data Services Portal https://data.idx.co.id/ and shall use IDX Form as attachment.

4. IDX Connection License

License issued by the Indonesia Stock Exchange for companies that provide network services that connect IDX Licensee to the IDX Data Services Systems. Network Service Providers (NSP) shall be subject to the terms and conditions applied.

Fees

No	Product	Fee
1	IDX Market Data (Equity, Bond, and Derivatives)
2	IDX Data Reference
3	IDX Publication	Please contact [email protected]
4	IDX Index License
5	IDX Connection License	Please contact [email protected]

Redistributor

1. Redistributor Direct Connection

IDX Licensee who will subscribe the Data Indirectly, shall be contact the Redistributors as follows:

No.	Redistributor	Website
Local
1.	PT IMQ Multimedia Utam	www.imq21.com
2.	PT IQ Plus Prima	www.iqplus.info
3.	PT Limas Indonesia Makmur Tbk	www.limas.com
4.	PT RTI Infokom	www.rti.co.id
Foreign
1.	Bloomberg Finance L.P	www.bloomberg.com
2.	Refinitiv Asia Pte. Ltd.	www.refinitiv.com
3.	SIX Financial Information Ltd	www.six-group.com
4.	ICE Data Services Inc.	https://www.theice.com
5.	Factset Research System Inc.	www.factset.com
6.	FIS Data Systems Inc.	www.fisglobal.com
7.	Morningstar Real Time Data Ltd.	www.morningstar.com
8.	Active Financial Systems, Inc.	www.activfinancial.com
9.	IRESS Data Pty Ltd	www.iress.com

2. Redistributor Indirect Connection

Please contact IDX at [email protected]

How to Subscribe

Administration Requirement

Local

Foreign

Deed of Establishment.
Ratification of Ministry of Law and Human Rights deed for Establishment
Latest Articles of Association.
Ratification / approval of Menkumham on the Articles of Association which contains the current composition of the Board of Directors.
Trading Business License (SIUP).
Company Registration Certificate (TDP).
Company Tax ID Number.
Company domicile certificate (SKDP).
Telecommunications Network Operator License License. (For NSP only)

Constitutive Documents
List of current Board Directors

Technical Requirement

Direct IDX Licensee shall require Leased Line Network through NSP to connect to IDX Licensee Systems to IDX Data Systems with a recommendation bandwidth 8.5 Mbps.

No.	NSP	Brand	Website
1.	PT. Artha Telekomindo	Arthatel	http://arthagraha.net/id/project/pt-artha-telekomindo/
2.	PT. Cyberindo Aditama	CBN	https://www.cbn.net.id/
3.	PT. Nap Info	Matrix	http://www.nap.net.id/
4.	IPC Network Services Asia Ltd Singapore Branch	IPC	http://www.ipc.com/
5.	PT. Aplikanusa Lintasartha	Lintasartha	https://www.lintasarta.net/
6.	PT. Supra Primatama Nusantara	Biznet	http://www.biznetnetworks.com/id/
7.	Transaction Network Services SG Pte Limited	TNSI	http://www.tnsi.com/

License Agreement

1. IDX Market, IDX Data Reference, IDX Publication, IDX Index License

2. IDX Connection License (Please contact [email protected])

Subscription Form

Unit of Count Reporting

IDX Licensee will be required to report the number of end-user clients who use real time IDX Data provided by IDX Licensee interactively. Information Fee shall be applied based on the number of real time Interactive Access IDX Data usage by Clients. Reporting through IDX Data Services Portal https://data.idx.co.id/ and shall use IDX Form shall use IDX Form as attachment.

Contact Us

IDX Data Services
PT Bursa Efek Indonesia
Gedung Bursa Efek Indonesia, Tower 1, Lantai LL
Jl. Jend. Sudirman Kav.52-53, Jakarta 12190 - Indonesia
Phone: (+62 21) 515 0515 Ext. 2509, 2523
WhatsApp: +62 813-8908-1900 & +62 812-9449-5121
Email: [email protected]
Portal: https://data.idx.co.id/
Website: http://www.idx.co.id