ICH Platforms ensuring transparent, secure gold trading and transaction tracking with regulatory compliance.
One of the functions of the Clearing House is to maintain market transparency and integrity by ensuring that all transactions that occur are properly recorded and there is no price manipulation or actions that harm other parties. Thus, the clearing house also plays a role in maintaining public confidence in the market.
Clearing Info of Trade (CITRA), is a platform where clients are able to track their transactions that are being cleared in Indonesia Clearing House. In CITRA, clients can view transaction data 90 days back.
Benefit
of e-CITRA
Citra provides convenience so that Brokers, Traders and customers can ensure the accuracy and correctness of the transactions they report.
CITRA increases the client's trust toward the broker. This will increase transactions as clients feel safe and comfortable transacting with the broker.
Reduce the frequency of client complaints by increasing understanding between clients and brokers.
The Digital Gold Physical Market is a physical gold trading mechanism in which transactions and records of ownership are carried out digitally (electronically).
Digital Physical Gold Trading allows people to own gold but there is no need to think about an adequate place to store gold because gold ownership is only in the form of a digital balance. To ensure the safety of the public transacting gold digitally, the Ministry of Trade issued Regulation of the Minister of Trade Number 119 of 2018 concerning General Policies for Digital Gold Physical Market Trading on the Futures Exchange which was then clarified in Bappebti Regulation Number 4 of 2019 concerning Technical Provisions for the
Implementation of the Digital Gold Physical Market on the Futures Exchange and Bappebti Regulation Number 13 of 2019 concerning Amendments to Bappebti Regulation Number 4 of 2019 2019 Regarding Technical Provisions for the Implementation of the Digital Gold Physical Market on the Futures Exchange.
Benefit
of e-GOLD
Provide a secure gold transaction ecosystem. All transactions that occur in the ICDX digital gold ecosystem are guaranteed by ICH and backed up by gold bars that have been stored.
Provide a sense of security for Gold Traders and Customers because all gold involved in ICDX digital gold transactions is stored in ICDX Logistic Berikat (ILB)
Customers who transact gold in the ICDX ecosystem can check for themselves whether their transactions have been reported to the exchange and registered with the clearing house through digital gold balance check.
Discover how we work in risk management, clearing & settlement, logistic, and corporate governance
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.
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