Inside Indonesia’s Wash-Trade Scheme
Watch this video on YouTube ↗Trading volume manipulation, opaque ownership and coordinated trades have shaken confidence in Indonesia’s markets and put the country at risk of being pushed out of MSCI’s major emerging-market indexes.
Bloomberg reporting reveals how some brokers engineered activity and inflated the appearance of demand, and why the fallout could drive billions of dollars out of one of Asia’s biggest economies.
(Corrected to include response from owner of Samuel Sekuritas at 5:10)
https://bloom.bg/4imB8kr
#Indonesia #Markets #Stocks #Business
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Bloomberg reporting reveals how some brokers engineered activity and inflated the appearance of demand, and why the fallout could drive billions of dollars out of one of Asia’s biggest economies.
(Corrected to include response from owner of Samuel Sekuritas at 5:10)
https://bloom.bg/4imB8kr
#Indonesia #Markets #Stocks #Business
Watch more mini documentaries from Bloomberg: https://www.youtube.com/playlist?list=PLGaYlBJIOoa_EzzMpticURNR29AiQi10v
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
