Patsystems has been chosen as preferred technology supplier
for the new Indonesia Commodity and Derivatives Exchange,
formed by Bappebti, the Commodities Futures Exchange
ICDX is meant to trade palm oil and gold futures and then
launch other commodities such as coal, tin and cocoa. It has
its own clearing house, ISI Clearing.
Patsystems will provide a complete exchange solution,
including a trade matching engine, clearing and settlement
platform, pre-trade risk management and front-end execution
platform. ICDX could benefit from Patsystems’
global network of customers, numbering thousands of
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |