Legality

  1. License 

    PT. Monex Investindo Futures operates under the license and supervision of Indonesia’s commodity futures trading regulatory agency (BAPPEBTI) with permit number: 178/BAPPEBTI/SI/I/2003

    BAPPEBTI is a government institution that acts as the commodity futures trading regulatory agency and is controlled by the Indonesian Ministry of Commerce. BAPPEBTI’s primary duty is to issue licenses to firms and private individuals, formulate rules and regulations, conduct inspections and control all activities within the futures industry.

  2. Member of Exchanges 

    Jakarta Futures Exchange (JFX)

    PT. Monex Investindo Futures is a futures brokerage under JFX membership number: SPAB-044/BBJ/03/02.

    JFX is the first commodity futures exchange in Indonesia.
    JFX was founded on August 19, 1999 in Jakarta by 29 companies and began trading on December 15, 2000.

    Indonesia Commodity and Derivatives Exchange  (ICDX)
    PT. Monex Investindo Futures is a member of the Indonesia Commodity and Derivatives Exchange (ICDX) under regulation number 010/SPKB/ICDX/Dir/III/2010.

    The ICDX began trading on 30 November 2009 — permitted under BAPPEBTI regulation No.26/BAPPEBTI/KP/6/2009 — and is separate to the JFX. 

  3. Clearing House Membership

    Kliring Berjangka Indonesia (KBI):  
    PT. Monex Investindo Futures is a member of the Indonesian Derivatives Clearing House (PT. KBI) under regulation No. 14/AK-KBI/III/2003.

    PT. KBI is a government owned enterprise founded under BAPPEBTI’s regulation No.128/BAPPEBTI/IX/2001, ensuring transactions registered by clearing house members may be settled and carried out by KBI. 

    Identrust Security International (ISI) Clearing: 
    PT. Monex Investindo Futures is also a member of the ISI Clearing under regulation No. 003/SPKK/ISI-MIF/V/2010.

    Identrust Security International or ISI Clearing is a first non-state-owned company to receive license as a clearing house based on legal decision authorized by BAPPEBTI, under regulation No. 30/BAPPEBTI/KP/7/2009. ISI Clearing thus may resolves futures transactions registered by its members.