JFX Secures Bank Indonesia Business License as PUVA Derivatives Exchange Operator, Strengthening National Financial Market Infrastructure
Jakarta, 28 January 2026 – PT Bursa Berjangka Jakarta (Jakarta Futures Exchange/JFX), the first and largest futures exchange in Indonesia, has officially obtained a business license from Bank Indonesia as an operator of Derivatives Exchange for the Money Market and Foreign Exchange Market (PUVA).
The business license was granted pursuant to Bank Indonesia Letter No. 28/188/DPPK/Srt/B dated 28 January 2026, after JFX was declared to have fulfilled all requirements in accordance with Bank Indonesia Board of Governors Regulation No. 26 of 2025 concerning Financial Derivatives with underlying assets in the form of Money Market and Foreign Exchange products.
This milestone marks a new phase in strengthening the role of futures exchanges within Indonesia’s financial system. With this license, JFX is officially authorized to operate PUVA derivatives transactions, supported by electronic trading infrastructure, risk management systems, and governance standards that have undergone regulatory evaluation.
As part of Indonesia’s futures trading ecosystem, PUVA derivatives transactions conducted by JFX are supported by PT Kliring Berjangka Indonesia (KBI), a state-owned clearing institution and part of the Danareksa Holding under Danantara Indonesia.
The President Director of PT Bursa Berjangka Jakarta stated that this business license represents a strategic milestone in expanding the exchange’s contribution to domestic financial market deepening.
“The business license from Bank Indonesia reflects JFX’s readiness in terms of regulatory compliance, infrastructure, risk management systems, and governance. As the first and largest futures exchange in Indonesia, JFX remains committed to supporting the development of an orderly, transparent, and credible PUVA derivatives market, while strengthening the competitiveness of Indonesia’s financial market,” he stated.
The presence of a PUVA Derivatives Exchange under Bank Indonesia’s supervision is expected to enhance market efficiency, provide hedging tools for exchange rate and interest rate risks, and contribute to the stability of Indonesia’s financial system amid global dynamics.
In its implementation, JFX will conduct PUVA Derivatives Exchange operations in accordance with Bank Indonesia regulations and in coordination with the Financial Services Authority and the Commodity Futures Trading Regulatory Agency in line with their respective mandates.
About Jakarta Futures Exchange (JFX)
Jakarta Futures Exchange (JFX) is the first and largest futures exchange in Indonesia, established on 19 August 1999 to provide efficient hedging facilities and support the development of derivatives and commodity trading in a transparent and integrated manner.
JFX operates an electronic trading system based on supply and demand mechanisms, supported by strong governance and risk management standards. Through continuous innovation and collaboration with stakeholders, JFX is committed to strengthening financial and commodity market stability and competitiveness in Indonesia.
For Media Inquiries:
Corporate Secretary Division
PT Bursa Berjangka Jakarta
Website: www.jfx.co.id
Email: [email protected]
Phone: +62 21 31996030