Wakil Perantara Pedagang Efek (WPPE) study plan

Map the Indonesian capital market institutional landscape by naming the roles of OJK, IDX, KPEI, KSEI, and the SRO structure, and state which body regulates versus which operates trading and clearing

Reconstruct the licensing pathway for a Wakil Perantara Pedagang Efek from the exam perspective: list the requirements, the scope of activities a WPPE may perform, and the activities reserved for other license types

Distinguish the business lines of a Perantara Pedagang Efek (brokerage, underwriting, market making, investment management-linked activities) and identify which require separate approvals

Explain the core regulatory principles behind capital market law in Indonesia, including disclosure obligations, licensing, and the principle that securities offerings require a statement of registration

Build a one-page glossary of at least 40 regulatory and market-structure terms in your own words, without copying definitions verbatim from any source

Trace the full order lifecycle from client instruction to trade confirmation, naming each intermediary and system involved at every step

Explain the difference between the regular market, negotiated market, and cash market on IDX, and state which order types and price steps apply in each

Describe the T+2 settlement cycle, the role of KPEI in clearing and guaranteeing settlement, and how a failed settlement is handled

Identify the main trading halts, suspension triggers, and circuit breaker mechanisms and explain the investor-protection rationale behind each

Practice calculating a client's net settlement obligation given buy and sell trades, brokerage commission, levy, VAT, and other transaction costs

Compare ordinary shares, preferred shares, and multiple share classes on rights to dividends, voting, and residual claims, and state which rights survive liquidation

Explain bond mechanics from the holder's perspective: coupon structures, yield to maturity, duration sensitivity, call features, and the meaning of a trustee and covenant package

Distinguish mutual fund types (open-end, closed-end, ETF, index, money market, fixed income, equity) by pricing method, liquidity, and redemption mechanics

Classify other securities and derivatives available in the Indonesian market and state the primary risk each product transfers or creates

Match each product to the settlement and trading mechanics it uses, identifying where a product does not trade on the exchange

Compute intrinsic value using discounted cash flow and relative valuation multiples, and state the assumptions that most change the output

Calculate and interpret PER, PBV, EV/EBITDA, dividend yield, and current yield, and explain when each multiple misleads

Apply bond valuation to compute price from yield and yield from price for a plain vanilla bond, and explain the inverse relationship and duration effect

Read a set of financial ratios and translate them into a view on earnings quality and valuation risk for a listed issuer

Identify the behavioral and analytical biases that most often corrupt a retail investor's valuation judgment and describe a control for each

Build a risk register for a broker-dealer covering market, credit, liquidity, operational, and reputational risk, and name one control per risk

Explain the compliance function's independence, the know-your-client and suitability process, and the documentation a WPPE must retain for each client order

Apply anti-money-laundering principles to a suspicious client scenario: identify red flags, state the escalation path, and describe what must not be disclosed to the client

Analyze conflicts of interest that arise in underwriting, research, and proprietary trading, and describe the Chinese wall and disclosure controls used to manage them

Resolve at least five ethics scenarios using a structured test: identify the duty owed, the conflicting interest, the disclosure required, and the correct action

Explain investor protection mechanisms including segregated client assets, investor compensation arrangements, dispute resolution channels, and complaint handling obligations

Describe the sanctions and enforcement toolkit available to the regulator and the consequences of licensing violations for an individual WPPE

Outline the professional standards expected of a WPPE, including integrity, competence, confidentiality, and fair treatment of clients

Reconstruct the regulatory reporting and recordkeeping obligations that fall on a broker-dealer and on the individual licensed representative

Draft a client-facing disclosure statement explaining fees, conflicts, and risks in plain language

Explain the principles that make a security sharia-compliant, including the screening criteria applied to issuers and the prohibition of riba, gharar, and maysir

Distinguish sukuk structures from conventional bonds in terms of underlying asset, return mechanism, and risk allocation, and name the main sukuk types

Identify the sharia governance bodies and their roles in approving and supervising sharia-compliant products

Read an issuer's financial statements and locate the line items most relevant to assessing leverage, liquidity, and profitability, and explain the accounting policy choices that can shift reported earnings

Explain the disclosure and periodic reporting obligations of issuers and the events that trigger immediate disclosure

Diagnose weak domains using timed practice sets and rank them by error rate so review time goes to the weakest areas first

Re-drill the highest-weight domains (1 through 4) until timed accuracy is stable across repeated attempts

Recite from memory the key numbers, cycles, and definitions that appear most often: settlement cycle, licensing requirements, product characteristics, and ratio formulas

Simulate full exam conditions at least twice and review every incorrect answer to identify whether the cause was knowledge, misreading, or time pressure

Consolidate a one-page final review sheet of the facts you most often forget