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The Stock Exchange Agreement serves as the foundational document governing the relationship between the Indonesia Stock Exchange (IDX) and its trading members or participants. This agreement is essential when a financial institution seeks to become a trading member of the IDX or when existing agreements need renewal or modification. The document encompasses comprehensive provisions for securities trading operations, regulatory compliance, risk management, and technical requirements, all within the framework of Indonesian capital market laws and OJK regulations. It is particularly crucial in establishing clear operational guidelines, trading rights, obligations, and responsibilities of market participants while ensuring alignment with Indonesia's financial market infrastructure requirements and regulatory standards. The agreement typically requires careful review and approval from both legal and compliance teams due to its significant implications for market operations and regulatory oversight.

1. Parties: Identification of the contracting parties, including the stock exchange operator and the member/participant

2. Background: Context of the agreement, including regulatory framework and purpose of the arrangement

3. Definitions and Interpretation: Comprehensive definitions of terms used in the agreement and rules of interpretation

4. Membership Rights and Obligations: Core rights, privileges, and obligations of the member/participant in relation to the stock exchange

5. Trading Rules and Procedures: Basic rules and procedures for conducting trading activities on the exchange

6. Compliance Requirements: Regulatory compliance obligations and reporting requirements

7. Risk Management: Risk management procedures and requirements for trading activities

8. Fees and Payments: Structure of fees, payment terms, and related financial obligations

9. Technology and Systems: Requirements for accessing and using the exchange's trading systems

10. Confidentiality: Obligations regarding confidential information and data protection

11. Default and Termination: Events of default, consequences, and termination procedures

12. Dispute Resolution: Procedures for resolving disputes between parties

13. Governing Law: Specification of Indonesian law as governing law and jurisdiction

14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment