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Jakarta: Bank Indonesia (BI) has welcomed the implementation of new money market infrastructure for FX Spot transactions in US dollars against the Rupiah, known as the Electronic Trading Platform (ETP) Multimatching System. 
 
On Wednesday, the launch was marked by the very first transaction using such infrastructure in the domestic money market and signifies a new milestone in the history of Indonesia s money market.
 
ETP Multimatching System implementation aims to accelerate digitalisation and strengthen reliable, efficient, secure and integrated money market infrastructure as one of the overarching goals of Bank Indonesia’s Money Market Development Blueprint 2025, BI Communication Department Head Erwin Haryono said in a press release on Thursday.  ....

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