2.  The capital market is the for securities, where companies and governments can raise longterm funds. It is a market in which money is lent for periods longer than a year.  mode to bridge party that requires to lent fund long range with party that has to lent fund that.

3.  is pertinent activity with: · Public offer and effect commerce, · Public firm that gets bearing with effect that be published, · Institute and profession that gets bearing with effect · (UU No.8 Yr. 1995)

4.  The capital market includes the stock market and the bond market.  Financial regulators, such as the, oversee the capital markets in their designated countries to ensure that investors are protected against fraud.

5.  The capital markets consist of the primary market and the secondary market. ◦ The primary markets are where new stock and bonds issues are sold (underwriting) to investors

6. ◦ The secondary markets are where existing securities are sold and bought from one investor or speculator to another, usually on an exchange.

7.  Longterm fund source  Investment alternative  Corporate capital restructuring tool  Tool to do divestasi

8.  What is Public Offer? Are effect offer activity that did by emiten (firm) to sell that effect to society

9. 1. Premiere market · Effect offer by sindikasi issue and sales agent bondman · Rationing · Effect hand over

10. 2.Secondary market · Emiten lists its stock at Stock · Effect commerce at Stock

11. 1. Premiere market · Stock price makes a abode · Be not been put on commission · Strictly for stock buy · Ordering is done through sales agent · Circumscribed duration

12. 2. Secondary market · Price fluctuates to correspond to market forces · Charged by commission · For buy and also stock sell · Ordering is done through stock member · Duration is not circumscribed

13. Market type at Capital Market · Premiere market (Primary Market /Public offer / Initial Public Offering ) · Secondary market

14. Are party that provide system or medium for effect commerce.  Stock exchange real equals another markets, which is where place its meets grocer and buyer. Just only, at stock exchange that is commercialized is effects (worth letter).

15.  In Indonesia : ◦ Bursa Efek Jakarta ◦ Bursa efek Surabaya

16.  Provide all effects trade medium (fasilitator)  Making regulation that gets bearing with stock activity  Endeavoring instrumental liquidity

17.  Preventing practice that prohibitted by stock (kolusi, formation which price factious, insider trading, etcetera)  Overspreading stock information (transparency)  Creating instrument and new service

18.  Turning over activity reporting to BAPEPAM  Establishing regulation about membership, registry, commerce, effect, kliring and stock transactions working out, and miscellaneous that gets bearing with stock activity  Having corrective team

19.  Emiten · Emiten is corporate one offer its effect to investor society via public offer · Effect already being sold to investor at Premiere Market can reselling among investor via Stock Exchange where that effect is noted (Secondary Marlet)

20. Clearing's institute and Guarantee (LKP) · Are institute that even out kliring's service and working out guarantee stock rnsactions · Now evened out by PT Kliring Indonesian

21. Effect Guarantee Stored institute and Working Out (LPP=Lembaga Penyimpanan dan Penyelesaian) · Are institute that even out kustodian sentral's activity at Bank kustodian, effect firm and other party. · Now evened out by PT Kustodian Sentral Indonesia Effect