This Joint Venture is a strategic partnership that will enhance JFX’s position within the ASEAN Economic Community (AEC) when it launches in earnest in 2015 across ASEAN nations,”
GBX Techologies Jakarta Indonesia (PRWEB) February 06, 2015
GBX Technologies Ltd, a leader in technology for financial markets, has formed a strategic relationship with Indonesia’s Jakarta Futures Exchange (JFX), the Jakarta-based bourse that facilitates trading of commodity futures and derivatives instruments. The strategic relationship will help broaden JFX’s investment appeal as a leading regional exchange across multiple asset classes by identifying opportunities and implementing solutions using GBX’s innovative and advanced proprietary technology.
“Jakarta Future Exchange’s history dates to 1999, and our strategic relationship with JFX culminates at a time when the economies and exchanges across Southeast Asia are seeking additional integration and further harmonisation through the ASEAN Economic Community (AEC). JFX already impresses as a trading venue where numerous well-regarded exchange members and counterparties have the ability to trade physicals, commodity futures, and derivatives. GBX’s experience and commitment to developing new products through research, development, and innovation will serve JFX well, particularly as ASEAN continues to be promoted as an integrated single market and economy. This Joint Venture will enhance JFX’s position within the AEC when it launches in earnest in 2015 across ASEAN member nations,” reports Abe Layman, Director of GBX Indonesia.
About GBX Technologies Ltd
GBX Technologies is a premier developer of advanced foreign exchange and capital markets technology solutions, incorporating bespoke hardware solutions with proprietary software applications. GBX’s areas of expertise include bridging solutions, risk management , liquidity distribution, charting and analytics, prime brokerage solutions, and more.
About Jakarta Futures Exchange
PT Bursa Berjangka Jakarta, also known as Jakarta Futures Exchange (JFX), was officially established on 19 August 1999 in Jakarta by 29 trading companies in accordance with Government Regulation number 9 year 99. In early 2011, JFX was rebranded by introducing its new logo that incorporated its new identity as Jakarta Futures Exchange. Coupled with JFX’s move to a new strategic headquarters with visionary architecture, JFX’s identity has enhanced its reputation as an international futures exchange.