The “Indonesian Derivatives Going International Market” forum was held in the capital city of Jakarta on Thursday, with participants expressing optimism about the potential of the Indonesian derivative commodity market.
S.Paulus Lumintang, President of Jakarta Futures Exchange, said that Indonesia will continue to expand cooperation with overseas futures exchanges, and attract more overseas investors to the Indonesian futures exchange market.
Du Liqun, Professor at the School of Economics of China’s Peking University, said the Belt and Road Initiative provides an important opportunity for China and Indonesia to establish a credit data system in Southeast Asia as a whole, adding both sides should accelerate the cooperation to build the social credit data system and national credit evaluation system which can give strong support for financial cooperation.
Mentari Mulia Berjangka, Indonesia’s leading derivatives broker and organiser of the forum, said it will be committed to education and development in the field of Indonesian derivatives and futures trading, continue to tap Indonesia’s potential in the international derivatives market, and provide investors with better innovative services.
Indonesia is the world’s major producer and exporter of commodities such as palm oil, rubber, nickel and tin ore.
Data from Jakarta Futures Exchange and Indonesia Commodity & Derivatives Exchange in recent years have shown that Indonesia’s various derivative commodity transactions have increased continuously and the growing trend is clear in the country’s diversified financial products and alternative transactions.