Why the desk exists
Every market crisis looks obvious in hindsight. In the moment, it is a fog of headlines, price moves and conflicting reactions. MonarqiLabs exists to rehearse that fog: inject one realistic shock into a controlled market of 961 real IDX tickers and ten AI personas with distinct strategies, then watch what the market would actually do: day by day, order by order, with every decision logged.
The desk is built on one conviction: a simulation is useful if watching it changes how you read the real market. Watchability is the gate; the statistics are the output.
What MonarqiLabs is, and what it is not
MonarqiLabs is:
- a simulation: a controlled market, not the real one;
- a research and teaching tool that stress-tests scenarios for the Indonesian market;
- transparent: every run publishes its full event log.
MonarqiLabs is not:
- a broker, an exchange, or a place to invest money;
- an investment adviser. Nothing here recommends buying or selling real securities.
- connected to the Indonesia Stock Exchange or any market regulator.
How it is built
Each run pairs the scenario world against a counterfactual baseline: the same seed, the same market, no shock. The comparison isolates what the shock itself changed. The ten personas, from a value investor to a panic seller, trade on memories, news and price history with their own strategies; their order flow moves prices, and the full chain of events (fundamentals, orders, fills, prices, reasoning) lands in a downloadable event log.
The stack is deliberately boring: a Python simulation core, static pages, and logs you can download. The interesting part is the market behaviour, not the plumbing.
Who builds this
MonarqiLabs is built by a finance student at a top university in Indonesia. The desk began as a question about market crises and grew into a full simulation environment: the scenario library, the persona roster, the event-log format and this site.
The project is independent. It takes no outside funding, sells no subscriptions, and runs no advertising, so the only thing that shapes the scenarios is what makes a market crisis worth studying.
What you can do here
Everything is open in the browser: no account, no paywall, no install. Most people start in one of three places.
- The scenario library: 23 scenarios, each anchored to a real event or a recurring pattern on the Indonesia Stock Exchange, from the MSCI free-float freeze to a rupiah crisis. Every page shows the shock schedule and links straight into the desk.
- The trading desk: replay any scenario day by day and watch ten AI personas trade 961 real IDX tickers. Each run ships its counterfactual baseline, so you can see what the shock changed rather than only what happened.
- The documentation: how a run works, the persona roster, the event vocabulary, and how to read a run log.
Questions people ask
Is MonarqiLabs a brokerage?
No. It is a market simulator. No real money moves, no order ever reaches an exchange, and nothing on the site is investment advice.
Are the prices real?
The 961 tickers and their starting valuations are grounded in the real Indonesia Stock Exchange. What happens after a shock is simulated, so the price paths are scenarios, not forecasts.
Why anchor scenarios to real events?
A shock with no real-world counterpart teaches nothing. Anchoring each scenario to something that actually happened on the IDX keeps the reaction realistic and makes the result comparable to what the market really did.
Can I use MonarqiLabs for free?
Yes. Every page, scenario log, and visualization is open in the browser with no account and no install.
Who is this for?
Students, researchers, and anyone who wants to understand how an emerging market behaves under stress: what breaks first, which sectors absorb the shock, and how fast a market finds a floor.