Assessment of Online Stock Trading Platform with Structure-Conduct-Performance Framework During Covid 19 Pandemic Endra Gunawan, and Anita Primaswari Widhiania)
1 School of Business, IPB University, Bogor, Indonesia
a) Corresponding author: anitawi[at]apps.ipb.ac.id
Abstract
This paper aims to examine the existing conditions in the Indonesian stockbroking industry using the Structure-Conduct-Performance (SCP) framework. This study uses secondary data related to the brokerage industry in Indonesia, especially in the use of online stock trading platforms. The collected data is tabulated and the level of competition of the banking industry is calculated with Herfmdahl-Hirschman Index (HHI). The use of online trading platforms by several brokerage firms has driven changes in the structure of the brokerage industry market towards a more competitive direction, which is indicated by the downward trend of Herfmdahl-Hirschman Index (HHI) value
Keywords: Structure-Conduct-Performance, Herfmdahl-Hirschman Index