Indonesia Commodity and Derivatives Exchange

Indonesia Commodity and Derivatives Exchange (ICDX) (Indonesian: Bursa Komoditi dan Derivatif Indonesia) is the commodity and derivatives based exchange in Indonesia.

Indonesia is the largest producer in the world for many prime commodity products in the soft agricultural, metal and energy sectors.

ICDX is the internationally known commodity and derivatives based exchange in Indonesia. Which is not owned by any Indonesia government by shares, relative to some private financial company, many foreign banks assume ICDX could be a dangerous company to provide any transactions.

As 2019, this private institution ICDX which is cooperated with PT. Timah company to be only one dominate tin provider in Indonesia, which already causes all other local smelters out of business by unfavourable and unfair regulations. ICDX currently be listed into unstable trade market platform, and unable to turn into international metal trade stage. Unlike the London Metal Exchange, which is in conditions to assist members, ICDX is more like a local institution to square their members.

Membership

ICDX is an Exchange supported by its members who are brokers and traders approved by BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi or Commodity Futures Trading Authority). The member of ICDX facilitates services clients’ transactions covering ICDX products. Trading in ICDX may be settled, guarantee and cleared by Indonesia Clearing House.

ICDX membership consists of traders, brokerage firms, and foreign traders (remote members). All members have to register into membership process, member fees, annual fees to active the trade transactions as the Exchange clearing members. ICDX are connect with Indonesia government regulations departments, also keeping change rules to their members. Cause many members prefer to not active their trades, and only put names on the list to pretend show their loyalty as members.

ICDX members

Trader members
  • PT. Aperdi
  • PT. Bakriesumatera Plantation TBK
  • PT. Budinabati Perkasa BW Plantation TBK
  • PT. Capitalmegah Mandiri
  • PT. Duta Palmanusantara
  • PT. Goldentropical
  • PT. Halimmitradana International
  • PT. Intikencana Mas
  • PT. Intermultiinvest Fortuna
  • PT. Ivo Mastunggal
  • PT. Jasa Muliaforexindo
  • PT. Karya Dutapersada
  • PT. Kreasi Erabaru
  • PT. Logammulia Pratama
  • PT. Musm Mas
  • PT. Bangka Tin Industry
  • PT. Palm Masasri
  • PT. Prolindobuana Semesta
  • PT. Sinar Masagro Resources and Technology TBK
  • PT. Royalassetindoi
  • PT. Salim Ivomaspratama TBK
  • PT. Sampoernaagro TBK
  • PT. Sari Dumaisejati
  • PT. Surya Anugrah Mulya
  • PT. Wilmar Nabati Indonesia
  • PT. Comexindo International
  • PT. Mitrastania Prima
  • PT. Refined Bangka Tin
  • PT. Artha Cipta Langgeng
  • Tambang Timah Timah (Persero) TBK
  • Timah Industri
  • PT. Graha Initmas
  • PT. Inti Stania Prima
  • Muti Gold
  • Uni Bros Metal PTE
  • Indometal (London)
  • PT. Prima Timah Utama

Broker Member
  • PT. Midtou Aryacom Futures
  • PT. Fasting Futures
  • PT. First State Futures
  • PT. Global Artha Futures
  • PT. International Mitra Futures
  • PT. Inter Pan Pasifik Futures
  • PT. Jalatama Artha Berjangka
  • PT. Jireh Trillions Berjangka
  • PT. Kontaperkasa Futures
  • PT. Monex Investindo Futures
  • PT. Global Kapital Investama Berjangka
  • PT. Optima Capitali Futures
  • PT. Pacific 2000 Futures
  • PT. Phillip Futures
  • PT. Platon Niaga Berjangka
  • PT. Prima Tangguharta Futures
  • PT. Rifan Financindo Berjangka
  • PT. Sinarmas Futures
  • PT. Solid Gold Berjangka
  • PT. Topgrowth Futures
  • PT. Trijaya Pratama Futures
  • PT. United Asia Futures
  • PT. Victory International Futures
  • PT. Multi Mulia Investama Berjangka
  • PT. Century Investment Futures
  • PT. Midtou Aryacom Futures

Remote Member
  • Uni Bros Metal PTE
  • H Monde
  • Dawwoo International
  • Gold Matrix Resources PTE
  • Great Force Trading
  • Multi Gold
  • Noble Resources International PTE
  • Purple Products
  • Toyotoa Tsusho Corporation
  • Gain Global Market
  • Westin Trade Global
  • Indometal (London)
  • Eco Tropical Resources
  • My United Traders
  • Amalgamet Metal
  • TCC Trading
  • Quanzhou Zhongquan Mining
  • Lomasasta Singapore PTE

Product

ICDX offers a wide range of commodity products which includes the three major groups of commodities: Metals, Soft Agricultural Products, and Energy. More products will be added to ICDX’s growing list of products in phases.

Indonesia ICDX has launched:

- Delivery - Non delivery

  • Crude palm oil futures Contracts
  • Olein futures contract
  • Tin physical contracts
  • Foreign currency contracts

References

(in Indonesian) ICDX

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