BRIDS Becomes Most Active Securities and Trader 2024 According to IDX SPPA Awards 2025

Jakarta, February 27th, 2025 - BRI Danareksa Sekuritas (BRIDS) has successfully won prestigious recognition as the Most Active Securities Firm and one of the Most Active Request for Order (RFO) Traders during 2024 from the Indonesia Stock Exchange (IDX) at the IDX Alternative Market Organizer System (SPPA) Awards 2024 held at the Indonesia Stock Exchange Main Hall, Jakarta.

Quoted from a written statement from the IDX, this award event was held with the aim of providing appreciation to SPPA Service Users who meet certain assessment criteria during the assessment period, namely January 1 - December 31, 2024, and to encourage service users to be more active in utilizing SPPA services and play a role in increasing alternative market liquidity.

BRIDS President Director Laksono Widodo revealed that the Company succeeded in achieving the title of Most Active Securities Firm thanks to the achievement of recording the largest total matched transaction value during 2024 for all transaction mechanisms. In addition, BRIDS' recognition as one of the five Most Active RFO Traders was also achieved thanks to the Company's achievement in recording the highest total value of done transactions for the RFO method with a transaction volume limit of IDR 15 trillion.

"This award is proof of our commitment to providing the best service to clients, and confirms the Company's commitment to continue to play an active role in supporting the use and development of trading systems provided by regulators and playing a role in increasing alternative market liquidity," said Laksono.

He also added that this achievement is also reflected in the satisfactory performance of the Company's bond brokerage business in the secondary market. In 2024, BRIDS recorded the largest Government Bond Brokerage transaction value among securities companies of IDR 275 trillion and was in first place in the Bloomberg league table.

In addition, on the Corporate Bond Brokerage side, BRIDS also recorded the largest transaction value among securities companies of IDR 49 trillion and was in first place in the Bloomberg league table. This achievement strengthens BRIDS' role in expanding access to financing for corporations and encouraging investor participation in the Indonesian capital market.

To note, SPPA is a system that provides a means to bring together offers to buy and sell securities managed by the IDX with several benefits such as increasing efficiency and facilitating transaction activities of Primary Dealers, increasing liquidity and price discovery of benchmark Government Securities (SUN) and State Sharia Securities (SBSN), and organizing trading of Debt Securities and Sukuk (EBUS) in the secondary market in a regular, fair and efficient manner.