Global Volatility Increases, JFX Promotes Transparency and Strengthens the Futures Trading Ecosystem in Indonesia
JAKARTA - The increasing geopolitical uncertainty in recent times has driven the volatility of the prices of various strategic commodities, ranging from energy to precious metals. This condition strengthens the need for a transparent trading mechanism as well as hedging instruments that are able to help market participants manage risk more measurably.
In the midst of the heating geopolitical situation, it also encourages the strengthening of the role of futures trading as part of the market infrastructure that supports the formation of efficient prices and provides certainty for business actors and investors in the face of global dynamics.
Director of PT Bursa Berjangka Jakarta, Yazid Kanca Surya, said that in the midst of geopolitical pressures and commodity price fluctuations, market participants increasingly need instruments that can provide protection against risks while maintaining business sustainability.
"In an increasingly uncertain market environment, the need for hedging mechanisms is becoming more relevant. Futures trading is an instrument that is transparent, standardized, and supports the formation of credible prices in the market," said Yazid, Wednesday, April 15.
In line with this, JFX also continues to encourage the strengthening of a trading ecosystem that is more transparent, supervised, and provides better protection for all market participants.
In terms of performance, a number of JFX's flagship products have contributed significantly to trading activity. In the physical commodities sector, JFX controls more than 95 percent of Indonesia's tin export market share, with transaction values reaching around 1.7 billion US dollars in 2025.
Meanwhile, in derivative trading, olein contracts (OLE01) recorded a contribution of 38.7 percent of the total transaction volume of JFX Exchange Traded Derivatives (ETD) or equivalent to 615,028 lots. On the other hand, the Loco Gold contract also dominated OTC transaction activity with a share of 85.2 percent of the total volume.
In addition to commodities, JFX also has global effect-based products through the PALN scheme which includes trading shares and US ETFs. This product is part of the diversification of instruments available at JFX, with transaction trends continuing to show growth in recent years.
JFX is also developing digital gold trading that combines the ease of digital-based transactions with the certainty of physical gold underlying, thus providing a balance between accessibility and security for investors.
On the development side, JFX continues to introduce innovations to expand market access. One of the things that are being prepared is a micro and nano-sized contract on commodities such as gold, silver, copper, and energy.
Discussions regarding geopolitical conditions and commodity futures trading were discussed in a media gathering activity held by JFX on Wednesday, April 15, 2026 at Second Coffee, Menteng, Jakarta. This activity is a discussion space with the media to discuss commodity market developments, global dynamics, and the role of futures trading in answering these challenges.
Going forward, JFX is committed to continue strengthening its role as a provider of a credible market infrastructure, promoting transparency, and expanding access to relevant financial instruments for business actors and investors in Indonesia.