T Bursa Berjangka Jakarta (Jakarta Futures Exchange/JFX) has officially been designated by Bank Indonesia as a Futures Exchange Operator for Derivatives in the Money Market and Foreign Exchange Market (PUVA). The designation is stated in Bank Indonesia’s official notification letter No. 27/511/DPPK/Srt/B dated July 29, 2025.
This milestone follows JFX’s submission of a formal registration request via letter No. L/JFX/DIR/03-25/101 on March 10, 2025. After a thorough evaluation, JFX was confirmed to have fulfilled all required documentation and administrative criteria in accordance with applicable regulations.
With this recognition, JFX is now among the officially registered Financial Market Infrastructure (FMI) providers for Derivative PUVA in Indonesia. This achievement marks a strategic step forward in advancing the national derivatives industry, while reinforcing the regulator’s trust in JFX’s capability to deliver standardized, reliable, and efficient derivatives trading infrastructure.
President Director of JFX, Mr. Stephanus Paulus Lumintang, expressed his appreciation:
“We are truly grateful for the trust granted by Bank Indonesia. This designation will further drive JFX to innovate and uphold regulatory compliance, as we continue building a secure and competitive derivatives financial market ecosystem.”
In fulfilling its mandate, JFX will operate in full compliance with Bank Indonesia Regulation No. 6 of 2024 concerning the Money Market and Foreign Exchange Market, along with complementary regulations from the Commodity Futures Trading Regulatory Agency (BAPPEBTI), until further guidance is issued by the monetary authority.
This latest approval adds to JFX’s growing credentials in the derivatives sector. Earlier this year, on March 19, 2025, the Financial Services Authority (OJK) granted JFX a principle license to operate a financial derivatives trading facility, as stated in OJK Letter No. S-146/PM.02/2025.
Looking ahead, JFX remains committed to supporting the resilience and stability of Indonesia’s financial system, while serving as a strategic partner in developing an inclusive, transparent, and modern derivatives market.