Indonesia Clearing House (ICH) is a distinguished financial institution that develops and maintains comprehensive systems and facilities for clearing operations and transaction guarantees on the Futures Exchange.
Established pursuant to Law No. 32 of 1997 concerning Commodity Futures Trading, as amended by Law No. 10 of 2011, our core mission is to facilitate regular, fair, efficient, and effective futures transactions within the established futures exchange framework.
The diverse range of our cleared products delivers significant margin efficiencies to the clearing community, optimizing trading capital deployment across numerous markets and financial instruments. Client asset protection remains our paramount priority.
To this end, ICH provides specialized clearing and segregation models precisely calibrated to address the distinct requirements of both sell-side and buy-side participants. Each model is meticulously engineered to ensure exceptional flexibility, reliability, safety, and operational efficiency throughout the clearing process.
To become a world-class provider of settlement and clearing services.
To instill confidence in the trading community by delivering financial security based on IOSCO/IOCV principles for financial market infrastructure. We are committed to:
Ensuring operational security and efficiency.
Implementing prudent risk management practices.
Maintaining adequate financial, human, and technological resources.
Aligning our operations with the public interest.
Through these commitments, we aim to foster a robust, transparent, and reliable clearing environment that supports the growth and integrity of the futures market.
We uphold the highest standards of integrity by ensuring our clearing processes are based on the most accurate data and adhere to service level agreements throughout Indonesia.
We provide innovative solutions through exceptional thinking, delivering quality services that compete on an international level. Our culture embraces out-of-the-box methodologies that actively involve our clients.
We recognize innovation as the key to continuous development in the face of global challenges. Our dedicated team specializes in designing flexible, highly scalable solutions to meet evolving market needs.
PT. Indonesia Clearing House was previously named PT Identrust Security International. Based on the Deed of Establishment No. 02 dated 4 April 2007, PT ISI is a limited liability company established under the laws of the Republic of Indonesia.
On July 3, 2009, ICH obtained Decree Number 30 / BAPPEBTI / KP / 7/2009 from the Commodity Futures Trading Regulatory Agency (BAPPEBTI). ICH has a function as a guarantee and transaction settlement as well as a risk management center.
On August 31, 2012, ICH obtained Decree Number 101 / BAPPEBTI / SP / 8/2012 from the Commodity Futures Trading Regulatory Agency (BAPPEBTI), Regarding Business License as Trade Registration of Over-the-Counter transactions (Alternative Trading System (ATS))
PT Identrust Security International changed its name to PT Indonesia Clearing House based on the Decree of the Head of BAPPEBTI Number 16 / BAPPEBTI / SP-PN / 04/2015
On September 9, 2021, ICH obtained Decree Number 01 / BAPPEBTI / SP-KBPF /09/2021 from the Commodity Futures Trading Regulatory Agency (BAPPEBTI), Regarding Business License as Clearing House of Clearing Activities and Settlement Guarantees of Digital Gold Physical Market
On September 9, 2021, ICH obtained Decree Number BP.01.00/283.2/BAPPEBTI/ SD/10/2023 from the Commodity Futures Trading Regulatory Agency (BAPPEBTI), Regarding Clearing Rules and Regulation Approval of Crude Palm Oil Physical Market
Indonesia Clearing House (ICH) has officially received government approval to operate as a Warehouse Receipt Registration Center, as stipulated in Approval Certificate No. 33/BAPPEBTI/Kep-SRG/SP/PUSREG/10/2025 issued by BAPPEBTI on 27 October 2025 and was officially registered by Bank Indonesia as a Clearing Institution for the Money Market and Foreign Exchange (PUVA) that are stipulated in Bank Indonesia Letter No. 27/301/DPPK/Str/B.
ICH
Organization Structure
Megain Widjaja serves as the President Director of Indonesia Clearing House (ICH). In this role, he is responsible for implementing the organization's mission of adopting international standards to assess transactions efficiently. Megain earned his bachelor's degree with honors from Seattle University in Business Administration, majoring in Finance and Accounting, in 2005. During his fellowship, he examined the collaborative practices of U.S. financial regulators and deepened his knowledge of digital media and startup development. Additionally, he explored the balance between conservation and land use within the national parks system.
Beyond his role at ICH, Megain plays an active part in shaping the industry landscape. He currently serves in the Asosiasi Pengusaha Indonesia (APINDO) as the Chairman of Standing Committee for Commodity Futures Trading and is also a Supervisory Board Member of the Association of Futures Markets (AFM). In recognition of his outstanding contributions to sustainable financial innovation and leadership, he was honored with Indonesia’s Top Green Leaders Award in 2024.
Throughout his career, Megain Widjaja has demonstrated a commitment to innovation and growth in the financial and commodity sectors, contributing significantly to Indonesia's position in the global market.
Indonesia Clearing House is a business entity that organizes and provides systems and / or facilities for the implementation of clearing and guarantee transactions on the Futures Exchange and is established with the aim of supporting the creation of regular, fair, efficient and effective Futures Transactions in the Futures Exchange in accordance with the mandate of law no. 32 of 1997 concerning Commodity Futures Trading and Law No. 10 of 2011 concerning Amendments to Law No. 32 of 1997.
Jl. M.H. Thamrin No.3 6th Floor, RT.11/RW.2, Gambir, Central Jakarta City, Jakarta 10110
+62 21 4050 7788