JAKARTA FUTURES EXCHANGEC

Jakarta Futures Exchange (JFX) is the first Futures Exchange in Indonesia.

JFX was founded on August 19th 1999 with the foundation to bring great benefits to the business community and as a means of hedging. The main role of JFX is as a provider of facilities for its members to conduct futures contract transactions based on a set price through efficient interaction based on supply and demand in the electronic trading system. The establishment of JFX was based on Law No. 32 of 1997 concerning Commodity Futures Trading.

JFX is committed to providing the best solutions and services for the Futures Trading Industry (PBK). The process of transformation and utilization of the latest information technology is optimized to respond to market demands and the dynamic business environment. JFX is consistent in innovating, developing products, increasing the capacity and competence of all functions and lines of the organization, as well as providing commodity trading infrastructure on international scale. JFX is proud to be part of the system for driving commodity sector trading transactions at the domestic and global level.

Dupoin(License Number: --)

ORGANIZATIONAL STRUCTURE
In Indonesian law term, JFX operates with a system of 2 (two) boards, namely: the Board of Commissioners and the Board of Directors.

In addition to this provision, the Futures Trading Law Number 32 of 1997 stipulates that at least 1 (one) member of the Board of Commissioners represents the community and all Directors are professionals who work full time. Both members of the Board of Commissioners and the Board of Directors should passed the fit and proper test organized by the Commodity Futures Trading Supervisory Agency (CoFTRA). On a daily basis, Management is run by the Board of Directors, each of which oversees 3 (three) of the existing 6 (six) divisions as stated in the organizational structure.Organizational Structure of the Jakarta Futures Exchange JFX members consist of 4 (four) categories, namely:

In addition, the Broker must have at least 1 (one) membership seat.
1. Traders, namely exchange members registered within CoFTRA. This role consists of:
Company traders, can only transact for their own accounts and/or their business groups;
Company traders, must have at least 1 membership seat;
Individual traders, can only transact for their own accounts;
Individual traders, must have a seat or rent at least 1 (one) membership seat.
2. Broker, which an exchange member in a form of a corporate business entity and has obtained a permit from CoFTRA.
3. Parties who are in the process of becoming a Broker or Trader.
4. Shareholders, who do not have permits or registered as Brokers or Traders, as regulated in Article 12(2) of Law Number 32 of 1997.

You can directly access the website through the following link https://www.jfx.co.id/media?hal=daftar-pelaku&data=Pialang to view the full list of member brokers.