Jakarta Futures Exchange (JFX)

PT Bursa Berjangka Jakarta, or known as Jakarta Futures Exchange (JFX) was officially established on August 19, 1999 in Jakarta by 29 limited liability company (PT) in accordance with Government Regulation No. 9/99. They came from 4 oil palm plantations, 7 palm oil refineries, 8 exporters of coffee, 8 firms of stock brokerage and 2 trading companies. JFX obtain its operating license on November 21, 2000 and started its first trading since December 15, 2000. JFX Establishment was based on the idea that a futures market in Indonesia will bring great benefit to the business community, particularly as a hedge. JFX main function is to provide facilities for its members to trade futures contract based on the price determined through an efficient interaction based on supply and demand in electronic trading system. JFX working grounded vision : The availability of Commodity Futures Trading System the JFX which able to provide a reliable price discovery mechanism, generates commodity r...