ICH RULES AND REGULATIONS
According to the Commodity Futures Trading Act, an Exchange shall be accompanied by a Clearing House. Clearing House is to ensure the settlement of each transaction occurred on the Exchange. The Clearing House is authorized to establish a set of rules and regulations as guidelines of its operations.
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This Rules and Regulations of Indonesia Clearing House (ICH) has obtained approval from the Commodity Futures Trading Regulatory Agency (CoFTRA) on 31st May 2018 by virtue of of Letter of Approval of Rules and Regulations of Indonesia Clearing House (ICH) number 139/BAPPEBTI/SD/05/2018. | |||
RULES AND REGULATIONS OF | |||
| The Legal Brief of ICH Rules and Regulations of 2018 | |||
| PART I | COMMODITY FUTURES TRADING | ||
| CHAPTER I | DEFINITION AND GENERAL TERMS | ||
| CHAPTER II | MEMBERSHIP | ||
| CHAPTER III | MANAGEMENT | ||
| CHAPTER IV | MARGIN AND COLLATERAL | ||
| CHAPTER V | CLEARING FUND | ||
| CHAPTER VI | CLEARING SYSTEM AND MECHANISM | ||
| CHAPTER VII | RIGHTS AND OBLIGATIONS | ||
| CHAPTER VIII | TRANSACTION SETTLEMENT | ||
| CHAPTER IX | RULES ENFORCEMENT | ||
| CHAPTER X | COMPLAINT HANDLING | ||
| CHAPTER XI | VIOLATION AND SANCTION | ||
| CHAPTER XII | DISPUTE SETTLEMENT | ||
| CHAPTER XIII | EMERGENCY SITUATION AND FORCE MAJEUR | ||
| PART II | CUSTOMER ORDER ROUTING TO OVERSEAS EXCHANGE (PALN) | ||
| CHAPTER I | DEFINITION AND GENERAL PROVISIONS | ||
| CHAPTER II | MEMBERSHIP | ||
| CHAPTER III | MANAGEMENT | ||
| CHAPTER IV | EXCHANGE LIST AND CONTRACTS | ||
| CHAPTER V | CLEARING SYSTEM AND MECHANISM | ||
| CHAPTER VI | RIGHTS AND OBLIGATIONS | ||
| CHAPTER VII | TRANSACTION SETTLEMENT | ||
| CHAPTER VIII | DEFAULT AND RULE ENFORCEMENT | ||
| CHAPTER IX | COMPLAINT HANDLING MANAGEMENT | ||
| CHAPTER X | VIOLATIONS AND SANCTIONS | ||
| CHAPTER XI | DISPUTE SETTLEMENT | ||
| CHAPTER XII | EMERGENCY SITUATION AND FORCE MAJEURE | ||
| PART III | ALTERNATIVE TRADING SYSTEM (SPA) | ||
| CHAPTER I | DEFINITION AND GENERAL PROVISIONS | ||
| CHAPTER II | MEMBERSHIP | ||
| CHAPTER III | MANAGEMENT | ||
| CHAPTER IV | CLEARING SYSTEM AND MECHANISM | ||
| CHAPTER V | RIGHTS AND OBLIGATIONS | ||
| CHAPTER VI | TRANSACTION SETTLEMENT | ||
| CHAPTER VII | DEFAULT AND RULE ENFORCEMENT | ||
| CHAPTER VIII | COMPLAINT HANDLING MANAGEMENT | ||
| CHAPTER IX | VIOLATIONS AND SANCTIONS | ||
| CHAPTER X | DISPUTE SETTLEMENT | ||
| CHAPTER XI | EMERGENCY SITUATION AND FORCE MAJEURE | ||
| PART IV | PHYSICAL MARKET | ||
| CHAPTER I | DEFINITION AND GENERAL PROVISIONS | ||
| CHAPTER II | MEMBERSHIP AND PARTICIPATION | ||
| CHAPTER III | MANAGEMENT | ||
| CHAPTER IV | TYPES AND PROVISIONS OF COMMODITY | ||
| CHAPTER V | CLEARING SYSTEM AND MECHANISM | ||
| CHAPTER VI | RIGHTS AND OBLIGATIONS | ||
| CHAPTER VII | TRANSACTION SETTLEMENT | ||
| CHAPTER VIII | RULE ENFORCEMENT | ||
| CHAPTER IX | COMPLAINT HANDLING MANAGEMENT | ||
| Number Of Decree | Years | Description | Download | Legal Information |
|---|---|---|---|---|
| 37/SE-DIR/ICH/V/2019 | 2019 | Margin Top Up Referring to Idul Fitri 1440 H | ||
| 36/SE-DIR/ICH/II/2019 | 2019 | Futures Contract Margin | ||
| 35/SE-DIR/ICH/II/2019 | 2019 | Cross Currency Policy | ||
| 34/SE-DIR/ICH/IX/2018 | 2018 | The Implementation of EAS (Exchange Administration System) | ||
| 33/SE-DIR/ICH/IX/2018 | 2018 | Cross Margin | ||
| 32/SE-DIR/ICH/IX/2018 | 2018 | The Implementation of EAS (Exchange Administration System) | Revoked and Amend with SE 34/SE-DIR/ICH/IX/2018 | |
| 31/SE-DIR/ICH/VII/2018 | 2018 | Stipulation of Indonesia Clearing House (ICH) Rules and Regulations (Rules) | - | |
| 110/SE-DIR/ICH/V/2018 | 2018 | Margin Top-Up | - | |
| 109/SE-DIR/ICH/II/2018 | 2017 | Clearing Committee | - | |
| 108/SE-DIR/ICH/II/2017 | 2017 | Standing Instruction for Tin Ingot Physical Contract | - | |
| 027/SE-DIR/ICH/ | 2017 | Fund Withdrawal | - | |
| 026/SE-DIR/ICH/VI/2016 | 2017 | Margin Deposit Top-Up | - | |
| 025/SE-DIR/ICH/VII/2015 | 2015 | Margin Top-Up | - | |
| 024/SE/ISI/VI/2015 | 2015 | Implementation of Head COFTRA Regulation Number 117/Bappebti/Per/03/2015 on Margin Allocation for the Performance of Transactions in the Commodity and Futures Transaction | - | |
| 023/SE/ISI/II/2015 | 2015 | Export Transaction Details Report | - | |
| 022/SE-DIR/ISI/X/2014 | 2014 | Exportable Tin Ingot | - | |
| 021/SE-DIR/ISI/VIII/2013 | 2013 | Margin Deposit Top-Up | - | |
| 020/SE-DIR/ISI/VI/2013 | 2013 | Imposition of ISI Clearing House Monthly Fee | Replaced with SEB 081/SEB/BKDI-ISI/III/2015 | |
| 19/SE-DIR/ISI/III/2013 | 2013 | Requirements of the Alternative Trading System Membership | - | |
| 018/SE-DIR/ISI/I/2013 | 2013 | Amendment of SE 003/SE-DIR/ISI/V/2010 on Types of Collateral for Initial Margin | - | |
| 017/SE-DIR/ISI/I/2013 | 2013 | Imposition of Charges on Margin Deficit in the Implementation of PALN | - | |
| 016/SE-DIR/ISI/I/2013 | 2013 | Depository Banks in the Implementation of PALN | - | |
| 015/SE-DIR/ISI/VIII/2012 | 2012 | Margin Deposit Top-Up | - | |
| 14/SE-DIR/ISI/V/2012 | 2012 | Requirements of the Alternative Trading System Membership | Replaced with SE 19/SE-DIR/ISI/III/2013 | |
| 13/SE-DIR/ISI/XI/2011 | 2011 | Clearing Guarantee Fund (Security Deposit) for the Trader Members of Alternative Trading System | Replaced with SEB 081/SEB/BKDI-ISI/III/2015 | |
| 12/SE-DIR/ISI/XI/2011 | 2011 | Requirements of the Alternative Trading System Membership | Replaced with SE 014/SE-DIR/ISI/V/2012 | |
| 011/SE-DIR/ISI/X/2011 | 2011 | Margin Deposit Top-Up | - | |
| 010/SE-DIR/ISI/VI/2011 | 2011 | Handling a Breach of Contract | - | |
| 009/SE-DIR/ISI/IV/2011 | 2011 | Multi Currency Transaction | - | |
| 008/SE-DIR/ISI/XII/2010 | 2010 | Transaction Reports and Financial Statements | - | |
| 007/SE-DIR/ISI/XII/2010 | 2010 | Late Charge for Margin Call Fulfillment | - | |
| 006/SE-DIR/ISI/X/2010 | 2010 | Fund Withdrawal for the Members of PT. Identrust Security International (ISI Clearing House) | - | |
| 005/SE-DIR/ISI/IX/2010 | 2010 | Maintenance Margin and Critical Margin Level | Download | - |
| 004/SE-DIR/ISI/IX/2010 | 2010 | Debit Balance | - | |
| 003/SE-DIR/ISI/V/2010 | 2010 | Types of Collateral for Initial Margin | Replaced with SE 018/SE-DIR/ISI/I/2013 | |
| 002/SE-DIR/ISI/III/2010 | 2010 | Adjustment of Clearing Guarantee Fund (Security Deposit) Amount | Replaced with SEB 081/SEB/BKDI-ISI/III/2015 | |
| 001/SE-DIR/ISI/X/2009 | 2009 | Stipulation of Financial Liabilities for Prospective Clearing Members of ISI | Replaced with SEB 081/SEB/BKDI-ISI/III/2015 |
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