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On July 19, 2000, Bapepam confirmed that scripless trading would be implemented on four issuers starting July 11, 2000. On this preliminary stage, scripless trading will be conducted without settlement guarantee for the transactions. In addition, on July 14, 2000 Bapepam established stock registration fee for up to Rp 0.5 per share for banking stocks and Rp 1,250 per collective share for non banking stocks. S-1687/PM/2000, July 10, 2000 regarding preliminary stage of scripless trading implementation. S-1730/PM/2000, July 14, 2000 regarding stock conversion and registration.
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