Heaptalk, Jakarta — Pluang, A multi-asset investment platform, has recorded rapid growth among stock investors in the United States, attaining tenfold from February to September 2022 or equal to an increase of twofold in Q3 compared to the early quartal this year.
The US stock investors’ enhancement in this platform can not be separated from the financial capacity of the retail investors in Indonesia. According to Indonesia Stock Exchange (IDX) data, retail investors’ dominance towards daily trading activities reached 56.2% in 2021, compared to the former’s 48.4%.
This trend aligned with the study outcome of the multi-asset investment platform. The stock has become the third preference for users’ primary investment product, following a Reksadana and Crypto Asset. As elaborated by the Director of External Affairs at Pluang, Wilson Andrew, the stock market is a suitable investment tool for investors with sufficient comprehension and time to analyze the market situation.
“Pluang also greatly welcomes our users’ enthusiasm in this US Stock asset class. The augmentation of the asset value of the US stock asset types has continued to intensify since its inception in early 2022. As a result, we understand the importance of equipping the retail investors in Indonesia with an advanced financial insight to invest in this asset,” Wilson added.
Currently, society in Indonesia has transformed its saving-oriented society behavior into an investment-oriented community. They have realized the investment attractiveness as the passive income that offers a more competitive return from the savings method. However, prospective investors are expected to develop their insight regarding the investment risks as this tool contains a complex analysis compared to the savings.
In response to the high interest of its users, Pluang continues to provide a more comprehensive selection of new investment assets in US stocks at a more affordable price. The company has also worked with PT PG Berjangka, a registered futures brokerage company with a license to distribute customer orders to foreign exchanges (PALN) of the Commodity Futures Trading Regulatory Agency (Bappebti) to proffer the US stock products.
“Credit Suisse estimates that a third of the stock market trading activity in the US in 2021 will be driven by retail investors. Amid the uncertain market condition, the potential for retail investors, which incidentally is dominated by the rising generation, needs high resilience support. Thus, we aim to make our product innovation of Pluang be able to embed an investment as a new lifestyle for people in Indonesia with increased financial literacy,” Wilson said in his conclusion.
