
Regulator Performance Overview
270
45
27
28
0
1
Insurance coverage protecting client deposits and funds
Requirement for client funds to be held separately from company funds
Medium
Tier 3
Detailed assessment of regulatory capabilities and effectiveness
Detailed breakdown of the 6 key regulatory performance indicators
Value and prestige of licenses issued by this regulator
Effectiveness of regulatory framework and enforcement
This regulator shows below average performance with an overall score of 45.
Strongest performance in Institutional
Transparency Level: medium
Global Tier: tier3
The Jakarta Futures Exchange (JFX) was the first futures exchange in Indonesia, legalized on August 19, 1999.It marked an important milestone in Indonesia's development of a financial market, designed to provide a robust framework for the business community to manage risk and disruptions by allowing them to hedge these functions and systematically create and establish a commodity futures exchange market.JFX was incorporated as a company under Law Number 32 of 1997 on Commodity Futures Trading Status; hence, the Jakarta Future Exchange has a strong legal status to perform its activities, and it is the first exchange in Indonesia.
From its inception, JFX has enabled trading by providing its members with electronic trading capabilities.
Electronic data interchange provides an efficient way for buyers and sellers to communicate, allowing transparency within the market, giving participants easy access to the market, and lowering transaction costs.JFX is entirely focused and engaged with Advanced Technologies that will respond to the market's local and global problems.JFX continually develops its trading capabilities to enable more effective responses to market demands.JFX's strategy involves building its technology framework with consideration for safety, stability, and connectivity to the Global Market.
Innovation is the driving force behind JFX's agenda.
To support this agenda, JFX has strengthened its position as a domestic marketplace for commodities and a larger player internationally.
Protection against negative account balances in trading
Access to qualified investment professionals and advisory services
Government-regulated
North Korea β UN-sanctioned countries
Institutional strength and organizational capability
Risk assessment and management protocols
Investor protection measures and safeguards
Client fund protection and insurance coverage
Brokers authorized and regulated by this authority
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