TOKYO -- Japan Securities Finance, a provider of capital for margin trades, has acquired a 10% interest in a group arm of the Indonesia Stock Exchange as it seeks to generate business beyond the lethargic Japanese market.
Jokowi government keen to strengthen financial sector as middle class grows
The Indonesia Stock Exchange building in Jakarta: The government is looking to cultivate the country's financial sector as the middle class increasingly takes to stock and bond trading. © Reuters
TOKYO -- Japan Securities Finance, a provider of capital for margin trades, has acquired a 10% interest in a group arm of the Indonesia Stock Exchange as it seeks to generate business beyond the lethargic Japanese market.