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Indonesia Commodity and Derivatives Exchange information


Indonesia Commodity and Derivatives Exchange (ICDX) (Indonesian: Bursa Komoditi dan Derivatif Indonesia) is the commodity and derivatives based exchange in Indonesia.

Indonesia is the largest producer in the world for many prime commodity products in the soft agricultural, metal and energy sectors.

ICDX is the internationally known commodity and derivatives based exchange in Indonesia. Which is not owned by any Indonesia government by shares, relative to some private financial company, many foreign banks assume ICDX could be a dangerous company to provide any transactions.

As 2019, this private institution ICDX which is cooperated with PT. Timah company to be only one dominate tin provider in Indonesia, which already causes all other local smelters out of business by unfavourable and unfair regulations. ICDX currently be listed into unstable trade market platform, and unable to turn into international metal trade stage. Unlike the London Metal Exchange, which is in conditions to assist members, ICDX is more like a local institution to square their members.

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