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JAKARTA: Stock futures in the country is required to develop and can match the stock position in Singapore and Malaysia, so it can be trusted farmers and traders in the country is getting protection from the risks of the transaction value.
Inspector General of the Ministry of Commerce said Eddy Suseno futures exchange in the country should be able to act as a means of society to hedge (hedging), especially for commodity prices to be seeded in the country.
"When will Indonesia be able to match the futures exchange futures exchange in foreign countries, such as Singapore and Malaysia," he explained recently.
Eddy added when he visited one of the major agricultural commodity producing regions, namely to Jambi, the rubber producers in the region has been hedging, but to foreign stocks. Likewise, when visiting cocoa producers in Makassar.
According to Eddy, a futures exchange in the country is already the equivalent of another stock as long as the domestic market would go make the necessary repairs in order to advance the futures trading industry in Indonesia.
"The important step, do not most discussions. In addition to pray, people can try, but God disposes. Masasih Indonesia would lose to them, especially with Vietnam or India," he explained.
Indonesia currently has two futures exchanges, namely PT Jakarta Futures Exchange (JFX), established since 2000, and PT Indonesian Commodity Exchange and Derivatives (BKDI) newly established in 2009.
Transactions in commodity futures contracts BBJ has not been significant and illiquid, since its members prefer to trade forward contracts and foreign stock index through the Alternative Trading System (SPA) which are traded bilaterally or over the counter (OTC)
Inspector General of the Ministry of Commerce said Eddy Suseno futures exchange in the country should be able to act as a means of society to hedge (hedging), especially for commodity prices to be seeded in the country.
"When will Indonesia be able to match the futures exchange futures exchange in foreign countries, such as Singapore and Malaysia," he explained recently.
Eddy added when he visited one of the major agricultural commodity producing regions, namely to Jambi, the rubber producers in the region has been hedging, but to foreign stocks. Likewise, when visiting cocoa producers in Makassar.
According to Eddy, a futures exchange in the country is already the equivalent of another stock as long as the domestic market would go make the necessary repairs in order to advance the futures trading industry in Indonesia.
"The important step, do not most discussions. In addition to pray, people can try, but God disposes. Masasih Indonesia would lose to them, especially with Vietnam or India," he explained.
Indonesia currently has two futures exchanges, namely PT Jakarta Futures Exchange (JFX), established since 2000, and PT Indonesian Commodity Exchange and Derivatives (BKDI) newly established in 2009.
Transactions in commodity futures contracts BBJ has not been significant and illiquid, since its members prefer to trade forward contracts and foreign stock index through the Alternative Trading System (SPA) which are traded bilaterally or over the counter (OTC)
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