Case Study

Indonesia Stock Exchange (Bursa Efek Indonesia)—IDX

Indonesia Stock Exchange (Bursa Efek Indonesia)—IDX

Pages 2 Pages

Overview The Indonesia Stock Exchange (IDX) has over 522 listed companies with a combined market capitalization of $375 billion. Challenge With the rapid growth of the Indonesian capital market and the development of its rich-client online trading system, IDX needed to automate the process of testing trading systems. Testing was done in two main areas; internal users would test the development environment, and 120 IDX member stockbrokers would test the production environment through a series of mock trades. If discrepancies were found in either test, the whole process, development and production environments, would need to be repeated. As the brokers were in different locations, this involved a lot of coordination and preparation and the potential for human error was alwa

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