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Asia Block Trades OJK IDR

Indonesia Block Trade on IDX

Block-trade financing and discreet execution for large lines of shares listed in Indonesia — for sellers and acquirers who need to move size without disturbing the order book or the price.

01 · Process
How it works

From enquiry to print.

—StageWhat happensTiming
01Confidential enquiryThe line, the holding and the objective, shared through a secure channel.Day one
02Pricing the blockThe line is sized and a price set against it; any discount reflects size and liquidity.1–2 days
03Execution & printWorked off the order book or negotiated, then printed under the exchange’s block-trade rules.On the day
04Settlement & disclosureSettles on the standard cycle; any substantial-holding disclosure is sequenced around the print.T+1 / T+2
02 · The Market
Asia

Indonesia equity markets.

An Indonesian block trade moves a large line of IDX-listed stock in a single negotiated transaction — off the continuous order book, at an agreed price — so a holder can exit, or an acquirer build a position, without walking the screen. Black Haven can take the line onto its own book, giving the seller a clean, priced exit while the substantial-shareholder reporting that follows the transfer is managed around the print.

IDX handles size through its Negotiated Market, where the price is set by direct agreement between the two sides rather than by reference to the auto-rejection band that governs the Regular Market, and settlement is trade-by-trade through KSEI without netting on a date the parties agree. A print at or beyond the auto-rejection range typically draws a written explanation to the exchange, so the price is documented before execution. Against daily turnover in the IHSG, LQ45 and IDX30 names a block clears cleanly; in thinner Development and Acceleration Board lines it is worked more carefully. Where the size crosses 5% of the company, OJK substantial-shareholder reporting is triggered, and in regulated sectors any foreign-ownership ceiling is checked before the line changes hands.

Indonesia block trades at a glance:

Listed venueIndonesia Stock Exchange (Bursa Efek Indonesia)
RegulatorOtoritas Jasa Keuangan (OJK)
CurrencyIDR
SettlementT+2
Disclosure threshold5%
Principal indicesJakarta Composite Index (IHSG), LQ45, IDX30
StructureOff-market or negotiated-price

Regulatory references are published for general orientation and are not legal advice.

03 · Exchanges
One Venue

Each Indonesia exchange, covered.

IDX · Jakarta

Indonesia Stock Exchange (Bursa Efek Indonesia)

Indonesia’s principal equity venue, led by banking, telecoms and natural-resources issuers. Foreign-ownership ceilings in regulated sectors such as banking and mining bear directly on what can be pledged and how the structure is shaped.

View IDX →
04 · FAQ
Indonesia · Block Trades

What holders ask about Indonesia.

01Does an Indonesian block trade have to be disclosed?
Where the transfer takes a party across 5% of a listed company’s voting shares, or changes an existing substantial holding, it is reportable to OJK, generally within the short window the regulator prescribes. The block itself is executed on IDX’s Negotiated Market at an agreed price. We manage the reporting around the print and, in regulated sectors, confirm any foreign-ownership limit before the line moves.
02How is the price of a block set if it is off the order book?
On IDX’s Negotiated Market the price is agreed directly between the two sides, not drawn from the Regular Market’s price fractions or auto-rejection band. A print at or beyond the auto-rejection range typically requires a written explanation to the exchange. Black Haven can take the line onto its own book, so the seller has a firm, documented price rather than screen risk while the size is placed.
03How do you execute an Indonesia block trade?
We work the line off the order book, off-market or at a negotiated price, and the block is then printed to Indonesia Stock Exchange (Bursa Efek Indonesia) under its block-trade rules. Black Haven Investments can take all or part of the risk on the line, so the seller achieves a clean exit at an agreed price.
04How large a block can you handle in Indonesia?
It depends on the stock’s free float, daily traded volume and volatility. We assess each line on its merits and indicate a workable size and price range after reviewing the position.
05Does the block trade have to be disclosed?
Often, yes. A substantial transfer by a significant shareholder is generally disclosable under the relevant regime overseen by OJK. We manage the sequencing and wording of any required notification around the trade.
06Can you finance the buyer of the block?
Yes. A block can be paired with a stock loan to the acquirer, so the newly acquired Indonesia-listed line serves immediately as collateral for the financing that funds it.
07What is the settlement cycle for an Indonesia block trade?
The negotiated block is printed to Indonesia Stock Exchange (Bursa Efek Indonesia) under its block-trade rules and then settles on the standard T+2 cycle. We coordinate the print, the settlement and any financing legs so the line moves cleanly.
08At what level must a block be disclosed in Indonesia?
The principal threshold is 5%, under OJK Regulation No. 60/POJK.04/2015 overseen by OJK. A crossing by a substantial holder is notifiable; we sequence the print and the notice.
09Can you execute a block for a foreign or offshore seller?
Yes. The line is held with a qualified custodian and the block printed to Indonesia Stock Exchange (Bursa Efek Indonesia); we manage cross-border custody, settlement and the disclosure that attaches to a substantial transfer.
10How quickly can a Indonesia block be executed?
It depends on the stock’s liquidity and the size of the line relative to daily volume. Once mandated, many blocks are worked and printed within days; thinner lines are paced to limit market impact.
05 · Adjacent Markets
Asia

Countries adjacent to Indonesia.

Hong Kong · Japan · China · South Korea · Taiwan · Singapore · Australia · New Zealand · India · Thailand · Malaysia · Philippines · Vietnam · Pakistan · Sri Lanka · Kazakhstan · Bangladesh

All countries →

Guides

Related guides.

Block Trades

What Is a Block Trade, and How Does One Work?

A block trade is the off-market sale of a large line of listed shares at a negotiated price, executed bilaterally and printed under exchange rules to avoid moving the open market.

Read → Block Trades

How Do You Sell a Large Block of Shares Without Moving the Price?

A large block is sold without moving the price by taking it off the open order book — negotiating off-market at an agreed price, often with a liquidity provider taking the risk, and printing under exchange block rules.

Read → Disclosure

Do Block Trades Have to Be Disclosed?

Often yes. Once a significant shareholder crosses a market’s substantial-holding threshold, a block sale is generally notifiable to the regulator within a set window, with thresholds varying by jurisdiction.

Read →

A particular Indonesia holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.

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