Is Pluang a registered member of IDX (BEI), KSEI, and KPEI?
Pluang is a registered participant in Indonesia's capital market infrastructure, but not a direct IDX (BEI) exchange member itself — it operates as a Level II Securities Brokerage Marketing Partner through PT Pluang Maju Sekuritas (OJK Licence KEP-196/PM/1992) and PT Sarana Santosa Sejati (OJK Licence 4/PM.02/STTD/MPPPE/2024), partnering with registered IDX member brokers. All stock holdings are custodied at KSEI and every transaction is cleared and guaranteed by KPEI — both supervised by OJK.
- IDX (BEI): Pluang accesses the exchange through licensed IDX member broker partners
- KSEI: Every share you buy is registered in a sub-account at KSEI in your own name
- KPEI: All stock transactions on Pluang are cleared and guaranteed by KPEI
- This structure ensures Pluang operates within Indonesia's regulated capital market framework
Related questions:
Q: Are my shares actually registered at KSEI?
Yes. Every share purchased through Pluang is recorded in your own KSEI sub-account. You can verify this independently via AKSes KSEI.
Q: What does KPEI do for my Pluang stock transactions?
KPEI guarantees settlement of every transaction — if a counterparty fails to deliver, KPEI fulfils the obligation.
Q: How can I verify Pluang is a legitimate platform?
Check the OJK website (ojk.go.id) for the list of licensed securities marketing partners, and look up PT Pluang Maju Sekuritas or PT Sarana Santosa Sejati.