Magnificent Seven
    Category: Smart Investing 2016 By : Lanny Alfiani and Marella Putri Read : 422 Date : Monday, June 20, 2016 - 02:51:24

    The IDX has over 50 firms that are active traders on the exchanges. Yet over the years, a small handful of firms dominate most of the trading on the exchange, by value. The below are the top seven firms which, on average over the last five years, control about 33%, or one out of every three, trades. The top three are virtually unchanged, with Credit Suisse alone usually controlling about 6% of all trading, followed by CIMB and UBS, respectively, who control collectively about another 10%. Thus, three firms control about 15% of trading on the market. Another four take care of the rest.