, Indonesia

Refinitiv launches electronic trading service in Indonesia

This is the country’s first interbank electronic marketplace for the trading of rupiah.

Financial markets data provider, Refinitiv, has launched its global electronic trading service, Refinitiv Matching, in Indonesia.

In a press release, the company said that this is Indonesia’s first interbank electronic marketplace for the trading of rupiah.

Refinitiv Matching offers real-time credit screening, enhanced price discovery, concentrated liquidity, and efficient execution for FX traders.

Refinitiv Matching will also offer users in Indonesia the ability to explore liquidity sources, benchmark trades, and develop systematic FX trading strategies.

Destry Damayanti, senior deputy governor at Bank Indonesia, said that the regulator welcomes market operators to contribute to developing the financial market in Indonesia, such as Refinitiv Matching.

“The availability of the matching system is in line with the Blueprint for Money Market Development 2025 that had been released last year. One of the key initiatives to embody the third vision of the blueprint is to strengthen financial market infrastructures. The launching of the matching trading system is expected to foster market development by increasing liquidity, efficiency and price transparency,” said Damayanti.

Follow the links for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


3 principles guide Bank Aladin Syariah in tapping Indonesia’s customer segments
Within a year, the digital sharia bank got past low penetration to record 1.7 million customers and now targets multiple times growth by end-2023.
Bankers face sluggish hiring market, layoffs in Hong Kong
Industry insiders reveal how investment banks prioritize cost efficiency and productivity over hiring new employees.
SG fintech Volopay targets to triple revenue by June 2024
Rising above the pandemic, varying regulations, and talent pool challenges, Volopay sets an ambitious goal to expand operations.