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.
In order to achieve a commodity futures trading system, JFX works based on the vision of becoming an exchange that is able to provide a reliable price discovery mechanism, produce commodity reference prices that are recognized worldwide, have innovative products that are in demand as alternative investment facilities and transparent, in place, reasonable, efficient and effective Risk Management.
To achive this vision, the Company has set a mission to build a futures trading facility with the following characteristics:
- Able to facilitate a price discovery mechanism that produces reliable price references, especially for commodities/services that have an important role for national economy;
- Able to facilitate an efficient hedging needs;
- Able to provide maximum (optimal) protection for Commodity Futures Trading customers;
- Able to serve market needs while maintaining market integrity;
- Able to educate the investor community in managing risk responsibly;
- Able to develop business opportunity for members from products / instrument diversification
- Able to respond to the flow of globalization while still prioritizing the domestic economy.
