Futures Contracts Based On Dow Jones Industrial Average And Dow Jones Japan Titans 100 Licensed In Indonesia - Now, Indonesian Investors Will Be Able To Trade Futures Contracts Linked To The Performance Of The Indexes

Dow Jones Indexes today announced that it has licensed the Indonesia-based Surabaya Stock Exchange to list exchange-traded futures based on the Dow Jones Industrial Average and the Dow Jones Japan Titans 100 Index. The futures contracts will be launched on April 27 and will be traded between 9:30 a.m. and 4:00 p.m. West Indonesian Time (9:30 pm and 4:00 am New York Time).

"Indonesian investors will now have access to the performance of the U.S. and Japanese markets through futures contracts based on the Dow Jones Industrial Average, the world's most well-known index, and the Dow Jones Japan Titans 100 Index," said Michael A. Petronella, president of Dow Jones Indexes/Ventures. "The Surabaya Stock Exchange is a well respected, emerging-market member of the Asian marketplace and we are confident in its ability to provide a transparent and successful trading environment for their market participants."

Hindarmojo Hinuri, president director of the Surabaya Stock Exchange, said: "Trading of index futures based on foreign indexes has increased tremendously lately. It shows that Indonesian investors need diversified investment products, especially when they consider that the ongoing decrease of interest rates doesn't satisfy their investment objective. To respond to this phenomenon, the Surabaya Stock Exchange as a derivatives market facilitator in Indonesia, expects that the launch of Dow Jones Industrial Average Futures and Dow Jones Japan Titans 100 Futures will attract a large number of retail and institutional investors."