Securities Trading System Operator
Penyelenggaraan Sistem Perdagangan Efek
🏦 Section K — Financial & Insurance Activities
In Bali: open to a PT PMA
The Market Infrastructure Behind Securities Trading
KBLI 66111 covers the systems that bring securities buyers and sellers together, with full foreign ownership nationally and no Bali moratorium block at Large scale.
This is the business of making the trading environment function, rather than simply taking part in the trades conducted there.
Direct 1:1 match from KBLI 2020 — code and scope unchanged.
What You Need
Who This Is For
Foreign entrepreneurs who want to build or operate a licensed securities exchange, carbon trading platform, or alternative trading system—though not in a Bali-based entity under current rules.
Source: the BPS 2020↔2025 conversion table, mechanically extracted and acceptance-gate verified. It shows which 2020 codes map to this 2025 code — provenance only, not a licensing claim: the regulatory regime of these predecessor codes has not been adjudicated as transferring.
Sources & Verification
Each data layer below traces to a government source with its KBLI vintage — or is declared as a gap. Nothing in these layers is silently filled in.
Title and scope as defined by the KBLI-2025 classification.
locator: OSS_RBA_2025_id_version_fff4053d
Risk category and licensing rows are KBLI-2025-native from the OSS Risk-Based Approach catalog.
locator: OSS_RBA_resiko_2025
The investment-list annexes predate KBLI 2025; the per-code crosswalk audit of this layer is in progress. The value shown is the annex text, disclosed with its vintage.
Conservative posture derived from the risk tier · confidence MEDIUM.
Dataset last updated 2026-07-26 · KBLI 2020 and KBLI 2025 reuse code numbers for different activities — cross-vintage rows are labeled, never merged silently.
Can foreigners operate a securities trading system operator business in Indonesia?
What license is required for KBLI 66111?
What is KBLI 66111?
How did KBLI 66111 change from KBLI 2020 to 2025?
Related Codes
Futures Exchange
Bursa Berjangka
Digital Financial Asset Exchange
Penyelenggaraan Bursa Aset Keuangan Digital
Alternative-Market Derivatives Trading
Penyelenggaraan Perdagangan Kontrak Derivatif di Pasar Alternatif
Money & Forex Market Trading Facility
Penyelenggaraan Sarana Transaksi di Pasar Uang dan Pasar Valuta Asing
Financial Services Supervision (Non-Insurance, Non-Pension)
Aktivitas Pengawasan Jasa Keuangan Selain Asuransi dan Dana Pensiun
Self-Regulatory Organization
Aktivitas Regulator Mandiri
Ready to register this business?
Bali Zero handles PT PMA setup, KBLI registration, NIB, and all licensing for KBLI 66111.
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Company registration, KBLI, NIB, domicile
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