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.

ICH RULES AND REGULATIONS
Clearing Circular

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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 INDONESIA CLEARING HOUSE (“PTT ICH”) 2018
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
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