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Surabaya Stock Exchange

Former stock exchange of Indonesia

Surabaya Stock Exchange (SSX; Indonesian: Bursa Efek Surabaya, BES) was a stock exchange that officially opened on June 16, 1989, based on the Minister of Finance Decree of Indonesia No. 654/KMK.010/1989 with only thirty-six shareholders. It was established in order to support the Indonesian government in capital markets and economic development in the East Region of Indonesia.2 It ceased to exist in 2007.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1989Founded1
  • HeadquartersSurabaya1

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Surabaya Stock Exchange (SSX; Indonesian: Bursa Efek Surabaya, BES) was a stock exchange that officially opened on June 16, 1989, based on the Minister of Finance Decree of Indonesia No. 654/KMK.010/1989 with only thirty-six shareholders. It was established in order to support the Indonesian government in capital markets and economic development in the East Region of Indonesia.2

The story

Surabaya Stock Exchange was originally opened in 1925 during the Dutch colonial era, but it was closed in early 1939 due to the ongoing World War II. On 16 June 1989, the exchange restarted the operation.

On 22 July 1995, the SSX merged with the Indonesian Parallel Stock Exchange (IPSX), leaving only two primary exchanges operating in Indonesia.

On 30 October 2007, SSX was officially merged to Jakarta Stock Exchange (JSX) and becoming Indonesia Stock Exchange (IDX) as a single exchange operating in Indonesia, besides Jakarta Futures Exchange.

From Wikipedia’s article on Surabaya Stock Exchange, shared under CC BY-SA 4.0.3

Products and brands

SSX trades various products, including:

Equities (stock)

Bonds (Government Bonds and Corporate Bonds)

Derivatives products (Japan Futures, LQ45 Futures, and Mini LQ45 Futures)

From Wikipedia’s article on Surabaya Stock Exchange, shared under CC BY-SA 4.0.3

Timeline

  1. Oct 30, 2007Dissolved Dissolved1
  2. 1989Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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