JFX Expands Derivative Access, Facilitates Gold to Oil Trading
The Jakarta Futures Exchange (JFX) has reaffirmed its commitment to developing the domestic commodity market. Amid global commodity market volatility, developing various instruments is crucial for both the national and global industries. JFX President Director Yazid Kanca Surya explained that the exchange currently has at least four futures contracts and plans to issue new products to support industry performance. “There are several derivative alternatives that will be realised so that stakeholders in the industry can consider them. They can use our instruments for hedging or spread trading,” he said during a visit to the Bisnis Indonesia editorial office in Jakarta on Friday (11/6/2026).
Established in 1999, the Jakarta Futures Exchange (JFX) is the first futures exchange in Indonesia providing a platform for trading various derivative products and commodities. Market participants can trade futures contracts for a number of commodities, such as gold, Brent crude oil, tin, coal, palm oil, and coffee, as well as Alternative Trading System (SPA) products covering foreign exchange (forex) and indices. Yazid stated that besides being a trading venue, JFX also serves as a risk management or hedging tool for businesses and producers. This facility allows market participants to lock in commodity prices and protect asset values from market price fluctuations.
Furthermore, JFX offers alternative investment instruments for the public seeking portfolio diversification through derivative trading. The exchange also functions as a transparent and efficient price discovery centre based on daily supply and demand mechanisms. All transactions on JFX are conducted through an electronic system and are under the strict supervision of the Commodity Futures Trading Regulatory Agency (Bappebti) to ensure compliance with applicable regulations. Currently, supervision also involves the Financial Services Authority (OJK) and Bank Indonesia, depending on the specific contracts required.