BAPPEBTI

BAPPEBTI, short for Badan Pengawas Perdagangan Berjangka Komoditi, is a government regulatory agency in Indonesia responsible for supervising and regulating the country’s futures and derivatives markets. It operates under the Ministry of Trade and serves as the primary supervisor of commodity futures trading, including derivatives such as futures, options, and related products, as well as the brokers, exchanges, and clearing institutions that participate in these markets.

Its core duties include licensing and registration of market participants such as futures brokers, clearing houses, and trading venues; approving listing rules and trading contracts; and setting and enforcing rules on market conduct and investor protection. BAPPEBTI conducts supervision and monitoring of market activities to ensure compliance with applicable laws, investigates suspected violations, and imposes sanctions where necessary. It also oversees the clearing and settlement framework in coordination with authorized clearing institutions, as well as the risk management and reporting requirements imposed on participants.

The agency develops regulations, guidelines, and technical standards for market operation, product approval, and disclosure, and provides data, research, and education to market participants and the public. It cooperates with domestic authorities and international regulators to enhance market integrity, transparency, and cooperation on cross-border issues.

Through these functions, BAPPEBTI aims to foster a fair, orderly, and transparent futures market in Indonesia, protect investors, and support the development of the national commodities sector.