Jakarta Automated Trading System JATS

JSX Fact Book 2007 11

2. Trading Facilities

Trading of Jakarta Stock Exchange JSX takes place in Jakarta Stock Exchange Building, Jl. Jendral Sudirman Kav. 52 - 53, Jakarta 12190. Currently, the Jakarta Stock Exchange trades are limited to shares, rights, warrants, and stocks derivatives.

a. Jakarta Automated Trading System JATS

JSX provides 444 terminals for stock traders at Trading Floor, which is located at the Ground Floor of the JSX Building. These terminals, called Trader Workstations or booths are connected directly to the Trading Engine via The JSX network. Currently, the JATS has the capacity to process up to 300,0000 orders and 150,000 transactions daily. Transactions’ allocations are set based on price and time priority, and today, the response time to orders received and the related transactions’ allocations is 1 second at the most. To ensure that trading activities can run smoothly, the JSX also provides a hot backup for the current trading engine. The JATS implementation can be divided into the following stages: • The integration of scripless trading with the Clearing and Guarantee System of PT. Kliring Penjaminan Efek Indonesia Indonesia Clearing and Guarantee Corporation. • Launching of the Remote Trading System, where the Exchange Members can access JATS directly from their offices through JONEC on broker’s site Jakarta Stock Exchange Open Network Environment Client and JONES on JSX’ site Jakarta Stock Exchange Open Network Environment Server. SURVEILLANCE SYSTEM JONEC JONEC J O N E S 12 JSX Fact Book 2007 In conducting the trading through JATS, the Exchange provides these facilities: • Main Trading Engine and Backup Trading Engine that work simultaneously and support each other. The capacity of these machines are up to 300,000 orders and 150,000 matched trades increasing the machines capacity will be based on the trend of daily transaction volumes • Trader Workstations, that are connected to the Windows NT Network System Environment NT Server and Windows NT Front-End based. • The trading system application is called The Jakarta Automated Trading System JATS. All Trader Workstations in the Jakarta Stock Exchange floor is connected to the Trading Engine through a gateway machine. The Ethernet Network connects the Trader Workstation, Gateway, and Trading Engine. All Trader Workstations on the remote site is connected to the Trading Engine through a gateway machine JONEC at Broker’s siteASP’s Application Service Provider site and JONES at JSX’ site. The WAN Wide Area Network connects the JONEC and the JONES

b. Remote Trading