Following their debut one year ago, structured warrants listed on the domestic exchange have seen increased activity with the underlying focus mostly on commodities and banking stocks.
A year after the Indonesia Stock Exchange (IDX) listed the first ever structured warrants, the Southeast Asia country’s nascent market is growing by leaps and bounds. Structured warrant products are clearly in high demand right now in Indonesia, with all of IDX30 index constituents having been used as the underlying The Jakarta-based stock exchange listed 182 structured warrants in 2023, with the average daily trading value of structured warrants reaching IDR3.5 billion (US$1.75m), a 3