II. SECTION BY SECTION
Section 9:
Verse (1)
Pretty obvious.
Verse (2)
In essence, the Exchange carries a special mission that is oriented toward helping or supporting society, especially the world of businesses and farmers in carrying out risk management through a hedge fund (hedging) activity. This market must be transparent and reasonable (fair) and the public is protected by its interests. Therefore, there is a need for 1 (one) public persons who represent the interests of the people sitting in the membership of the commissioner. Individuals referred to among others can be from a businessman and a government who has good integrity, visibility and understanding of the Term Trade.
Verse (3)
Pretty obvious.
Verse (4)
Pretty obvious.
Verse (5)
Pretty obvious.
Verse (6)
Pretty obvious.
Verse (7)
Pretty obvious.
Verse (8)
Pretty clear.
Article 10
Pretty clear.
Article 11
Pretty clear.
Article 12
Pretty clear.
Section 13
Verse (1)
In the event of an event resulting in an expiration or termination of a particular term or partial Contract transaction event then the termination of the term of the Trading Service is solely for the transaction of the corresponding Contract.
Verse (2)
The letter a
The following “damage means and physical infrastructure ” is such an electrical intrusion, malfunction of communication means, unfunctioning of computers as well as other events that impede the execution of transaction activities.
The letter b
In the event of a crisis in the economic or financial field in Indonesia or other countries bringing the impact or disrupting the implementation of the Term Exchange transaction in the term, it was first made various attempts to reduce the negative impact. of the crisis. However, if the term of the contract is passed on, it will be very detritable to the managers, perpetrators, people, and governments, and the term of the term will be terminated.
Letter c
In terms of circumstances beyond the human ability to control it, such as natural disasters, strikes, riots, fires, and the resulting peranglial activities are not able to properly implement trade activities, and the activities of the exchange. The futures need to be immediately declared terminated.
The letter d
In question “an offense that results in the market mechanism does not go well ” among other conspiracy, manipulation that results in growing losses suffered by other actors or even the public.
Verse (3)
Pretty clear.
Section 14
Verse (1)
Pretty obvious.
Verse (2)
Pretty obvious.
Verse (3)
Downtime means no price to be used for the basis of calculation and liquidation of the still open contract position owned by Nasabah or any other party, for that the Term Exchange need to set a settlement price in accordance with the IBM-Term Trade Law.
Article 15
Pretty clear.
Section 16
Pretty clear.
Section 17
Verse (1)
Which is “the completion or repair measures ” may be correcting or changing the term of the Term Contract, adding or reducing the place of submission of goods, setting a certain settlement price, setting out extra capital, which is reckoned to fix the state and/or do savings and efficiency.
Verse (2)
Pretty clear.
Article 18
Pretty clear.
Section 19
By means of the termination of the term of the Exchange of Bappebti, the financial and legal obligations that have been present or arising later as a result of the dismissal, remain the responsibility of the organizers of the Exchange. Futures to be completed in accordance with the laws.
Section 20
Verse (1)
Pretty obvious.
Verse (2)
The term of the exchange was revoked after Bappebti believed that the activities of the Exchange were not likely to be reactivated or could no longer benefit the economy of the public. Therefore, before the revocation of the head of Bappebti needed to study in depth and consider the various interests related to the revocation of the business permit, the Nasabah, the Member of the Exchange. Concerned futures and other related agencies.
Verse (3)
Pretty clear.
Section 21
Pretty clear.
Article 22
Pretty clear.
Section 23
Pretty clear.
Section 24
Pretty clear.
Section 25
Pretty clear.
Article 26
Pretty clear.
Section 27
A limited liability system is intended to support the creation of a fixed-term, Syariah and/or other Derivative Derivatives Contracts, reasonable, efficient, and effective.
The Futures Clearing is a supporting institution of the International Market in creating the smooth and ease for its members to carry out commodities transactions under a term contract, the Sharia Derivatives contract and/or contract. Another derivative. Thus the primary mission of the Proper-Term Agency is not to seek profit. The relatively inexpensive cost of service and transaction is one of the key elements in the effort to create a licuid market, as it is the Clearing Institute for which it is necessary to pay attention to the element. In the event of the remainder of the business, the remainder of the effort is required to be used as large as for the benefit of the city and the ease of clearing and clearing activities of the clearing and the members of the Clearing House of the Union. concerned.
Article 28
Pretty clear.
Article 29
Pretty clear.
Section 30
Verse (1)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
Pretty obvious.
The letter d
This year ' s 3 (three) activities include financial projections, organizational arrangements, communication facilities, and exercise programs to be held.
Letter e
Pretty obvious.
The letter f
Pretty obvious.
The letter g
Pretty obvious.
The letter h
Pretty obvious.
Letter i
Pretty obvious.
Verse (2)
Pretty clear.
Article 31
Pretty clear.
Section 32
Verse (1)
Pretty obvious.
Verse (2)
In question “still active ” are the Parties obtaining the permissions still running its activities according to their respective functions.
Section 33
Pretty clear.
Article 34
Pretty clear.
Section 35
Pretty clear.
Section 36
Pretty clear.
Section 37
Pretty clear.
Article 38
Pretty clear.
Article 39
Pretty clear.
Section 40
Pretty clear.
Section 41
Pretty clear.
Article 42
Pretty clear.
Article 43
Pretty clear.
Section 44
Pretty clear.
Section 45
Pretty clear.
Section 46
Pretty clear.
Section 47
Verse (1)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
Pretty obvious.
The letter d
Plan activities include organization, acceptance and education systems as well as employee training, telecommunications facilities and information systems, regulatory oversight and execution systems, operation plan and transaction management, and financial projection for 3 (three) years
Letter e
Pretty obvious.
The letter f
Pretty obvious.
The letter g
Pretty obvious.
The letter h
Pretty obvious.
Letter i
Pretty obvious.
The letter j
Pretty obvious.
Verse (2)
Pretty obvious.
Verse (3)
Pretty clear.
Section 48
Verse (1)
Pretty obvious.
Verse (2)
In question “still active ” are the Parties obtaining the permissions still running its activities according to their respective functions.
Section 49
Pretty clear.
Section 50
Pretty clear.
Section 51
Pretty clear.
Section 52
Verse (1)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
There are criminal acts in the field of trade between trade, industry, or agriculture. Criminal offences in the field of finance include criminal banking, insurance, capital markets, or taxation.
The letter d
Pretty obvious.
Letter e
Pretty obvious.
The letter f
Pretty obvious.
Verse (2)
Referred to “the parties controlling the company both direct and indirect ” are the commissioners, directors, shareholders, or other Parties that have power that can influence the wisdom and activities of The company.
Section 53
Pretty clear.
Section 54
Pretty clear.
Section 55
Pretty clear.
Section 56
The expertise in this event is shown by having the exam pass pass organized by Bappebti in the field to be handled.
Section 57
Verse (1)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
The one referred to as "concerned" is the company where the Deputy broker is running for work.
Verse (2)
Pretty clear.
Section 58
Verse (1)
Pretty obvious.
Verse (2)
In question “still active ” are the Parties obtaining the permissions still running its activities according to their respective functions.
Section 59
Pretty clear.
Section 60
Verse (1)
Pretty obvious.
Verse (2)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
Pretty obvious.
Verse (3)
Pretty obvious.
Verse (4)
Pretty obvious.
Verse (5)
The Futures Broker is eligible to serve as a Term Advisor, so in carrying out activities as a-Term Advisor does not require any further business permit as a Term Advisor.
Section 61
Pretty clear.
Section 62
Pretty clear.
Article 63
Pretty clear.
Section 64
Verse (1)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
There are criminal acts in the field of trade between trade, industry, or agriculture. Criminal offences in the field of finance include criminal banking, insurance, capital markets, or taxation.
The letter d
Pretty obvious.
Letter e
Pretty obvious.
The letter f
Pretty obvious.
Verse (2)
Referred to “the parties controlling the company both direct and indirect ” are the commissioners, directors, shareholders, or other Parties that have power that can influence the wisdom and activities of The company.
Section 65
Pretty clear.
Section 66
Verse (1)
Pretty obvious.
Verse (2)
In question “still active ” are the Parties obtaining the permissions still running its activities according to their respective functions.
Section 67
Pretty clear.
Section 68
Pretty clear.
Section 69
Pretty clear.
Section 70
Pretty clear.
Section 71
Verse (1)
Pretty obvious.
Verse (2)
In question “still active ” are the Parties obtaining the permissions still running its activities according to their respective functions.
Section 72
Pretty clear.
Section 73
Pretty clear.
Section 74
Pretty clear.
Section 75
Pretty clear.
Section 76
Verse (1)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
There are criminal acts in the field of trade between trade, industry, or agriculture. Criminal offences in the field of finance include criminal banking, insurance, capital markets, or taxation.
The letter d
Pretty obvious.
Letter e
Pretty obvious.
The letter f
Pretty obvious.
Verse (2)
Referred to “the parties controlling the company both direct and indirect ” are the commissioners, directors, shareholders, or other Parties that have power that can influence the wisdom and activities of The company.
Section 77
Verse (1)
Pretty obvious.
Verse (2)
In question “still active ” are the Parties obtaining the permissions still running its activities according to their respective functions.
Article 78
Pretty clear.
Section 79
Pretty clear.
Article 80
Pretty clear.
Section 81
Pretty clear.
Section 82
Verse (1)
Pretty obvious.
Verse (2)
In question “still active ” are the Parties obtaining the permissions still running its activities according to their respective functions.
Section 83
Pretty clear.
Article 84
Pretty clear.
Section 85
Pretty clear.
Section 86
Pretty clear.
Section 87
Verse (1)
Pretty obvious.
Verse (2)
In question “still active ” are the Parties obtaining the permissions still running its activities according to their respective functions.
Article 88
Pretty clear.
Section 89
Verse (1)
The minimum amount of available funds is taken into account of the required funds needed to pay for damages to Nasabah.
Verse (2)
Pretty obvious.
Verse (3)
Pretty clear.
Section 90
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
Pretty obvious.
The letter d
Pretty obvious.
Letter e
Pretty obvious.
The letter f
Pretty obvious.
The letter g
Pretty obvious.
The letter h
Pretty obvious.
Letter i
Pretty obvious.
The letter j
The Futures Fund Manager may delay or decline the Repurchase of the Inclusion Certificate if the price of the Inclusion Certificate is difficult to determine due to partial transaction or all of the contracted contracts, and/or Comoditi. be the subject of a Term Contract, and/or any other instrument that is set up with the Bappebti Head Regulation and its financial state reaching a certain limit that is not possible to buy back the Inclusion Certificate.
The letter k
Pretty obvious.
The letter l
The Futures Fund activities may stop or be stopped, if the entire contract becomes the basis of the Sentra Fund's inventionation that is terminated among others if the futures exchange is closed, force majeure or the contract period The creation of the Sentra Fund is terminated.
Section 91
Pretty clear.
Section 92
Pretty clear.
Section 93
Pretty clear.
Section 94
Pretty clear.
Section 95
Pretty clear.
Section 96
Pretty clear.
Section 97
Verse (1)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
There are criminal acts in the field of trade between trade, industry, or agriculture. Criminal offences in the field of finance include criminal banking, insurance, capital markets, or taxation.
The letter d
Pretty obvious.
Letter e
Pretty obvious.
The letter f
Pretty obvious.
The letter g
Pretty obvious.
Verse (2)
Referred to “the parties controlling the company both direct and indirect ” are the commissioners, directors, shareholders, or other Parties that have power that can influence the wisdom and activities of The company.
Section 98
Verse (1)
Referred to “another instrument ” among other products of physical transactions on the Term Exchange and the Alternative Trading System and/or Warehouse Resi System.
Verse (2)
Pretty clear.
Section 99
Verse (1)
Pretty obvious.
Verse (2)
In question “still active ” are the Parties obtaining the permissions still running its activities according to their respective functions.
Article 100
Pretty clear.
Section 101
Pretty clear.
Section 102
Pretty clear.
Article 103
Verse (1)
Pretty obvious.
Verse (2)
In question “still active ” are the Parties obtaining the permissions still running its activities according to their respective functions.
Section 104
Pretty clear.
Section 105
Verse (1)
Pretty obvious.
Verse (2)
Pretty obvious.
Verse (3)
The minimum amount of available funds is taken into account of the required funds needed to pay for damages to Nasabah.
Verse (4)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
The revenue of the futures exchange in its operations is obtained from various sources such as sales of the membership of the Exchange, annual dues, transaction fees, facility rental, and other service services. The remainder of the revenue after minus the expenses for the operating market must be used as large as to develop the Term Exchange by increasing the facilities and services for its members to make the Stock Exchange more efficient and more efficient. increased his integrity. One component that can improve the integrity of the Term Exchange is the amount of sufficient Compensation Funds. Therefore, the benefits that the Exchange acquired may be set aside in part to add the Compensation Fund.
Verse (5)
Pretty obvious.
Verse (6)
Pretty clear.
Section 106
Pretty clear.
Section 107
Verse (1)
Pretty obvious.
Verse (2)
The following “value loss ” is the real loss value Nasabah must receive including interest if there is, and the cost issued by the Nasabah in the complaint process and the investigation of the damages charge.
Article 108
Verse (1)
Pretty obvious.
Verse (2)
The letter a
In order to claim damages to the exchange for the loss caused by the injury of the promise of the broker, the Nasabah concerned should be able to show the evidence has sought to charge it directly to the broker-term. The injury to the promise was and is believed to be no good faith from the venturing of the venturing to solve the case.
The letter b
Pretty obvious.
Letter c
The extent of the demands that can be submitted must be in accordance with the amount of real losses suffered plus other expenses such as interest, and the costs incurred by the Nasabah relating to the complaint process and the investigation of the change charge. The loss.
Section 109
Verse (1)
Pretty obvious.
Verse (2)
The minimum amount of available funds are taken into account of the required funds need to pay for damages to Nasabah.
Article 110
Pretty clear.
Section 111
Pretty clear.
Article 112
Pretty clear.
Section 113
Pretty clear.
Article 114
Verse (1)
Pretty obvious.
Verse (2)
In question “still active ” are the Parties obtaining the permissions still running its activities according to their respective functions.
Section 115
Pretty clear.
Section 116
Pretty clear.
Section 117
Pretty clear.
Section 118
Verse (1)
Bappebti's head in setting the list of the Foreign Service Exchange and establishing the other Derivative Contracts/or Derivative Contracts which may be used for the storage of the mandate to the United States.
Verse (2)
Bappebti is intended to be in the country that will use the Derivative Contracts and/or Other Derivative Contracts which may be used in the United States to use the Cloud Service to use the Cloud Service. Traded on the Foreign Exchange in question could be completely protected from things that could harm him, for example because of the terms of the Term Exchange and the clearing and guarantee, it is judged not to provide any protection. Adequate for the Nasabah, or the market is not licuid. For that before the List of Foreign Exchange and other Derivatives Contracts and/or other Derivatives Contracts were put forward, in advance of careful research, among other rules and regulations (rules and regulations), both for the Term Exchange and the Service, as well as the Services and/or other Derivative Contracts and the cooperation of the Supervisory Board and the relevant Foreign Exchange Board to assist in the completion of the complaint and/or dispute over the IBM International Security Council. The Nasabah submitted.
Verse (3)
The letter a
The same protection is the absence of discrimination in the treatment and completion of the complaint or the demands of the Nasabah, the Nasabah in question and the outer Nasabah. country.
The letter b
Pretty obvious.
Letter c
Other Derivatives Contracts and/or Other Derivative Contracts on the Foreign Service Exchange should essentially provide benefits to the Indonesian economy both for hedge, arbitration, and other.
Section 119
The request was received in complete if the request was referred to have been supplemented with all the documents required without any request for change and/or additional information from Head of Bappebti.
Article 120
Pretty clear.
Section 121
Pretty clear.
Section 122
Pretty clear.
Section 123
Pretty clear.
Section 124
Pretty clear.
Section 125
Pretty clear.
Section 126
The letter a
Pretty obvious.
The letter b
Referred to “the identity of the institution where the margin is stored ” is the name of the bank where the Clearing Agencies are located to keep the margins received from the Term broker.
Letter c
Pretty clear.
Section 127
Pretty clear.
Section 128
Pretty clear.
Section 129
Verse (1)
Pretty obvious.
Verse (2)
Pretty obvious.
Verse (3)
Referred to “an open position of the Term Contract, Sharia Derivatives Contracts, and/or Other Derivative Contracts ” is the selling position or purchase of a term which has not been liquidated or due to be due.
Article 130
Pretty clear.
Article 131
Pretty clear.
Section 132
Pretty clear.
Section 133
Pretty clear.
Section 134
Verse (1)
Pretty obvious.
Verse (2)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
In the Company's Description of the Program, there is also a transaction program that must be known and understood by any of its clients.
The letter d
Pretty obvious.
Letter e
Pretty obvious.
The letter f
Pretty obvious.
Verse (3)
Pretty obvious.
Verse (4)
Pretty clear.
Section 135
Verse (1)
Pretty obvious.
Verse (2)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
In the Company's Description of the Program, there is also a transaction program that must be known and understood by any Sentra-Fund participant.
The letter d
Pretty obvious.
Letter e
In question “another culprit ” is the party to which the product is outside the Contractual Contracts, the Syariah Derivative Contracts, and/or other Derivative Contracts.
The letter f
Pretty obvious.
The letter g
Pretty obvious.
The letter h
In question “another note ” is the account of any transaction for personal or principal of the company Governing Sentra Futures covering the transaction date, number, type of Term Contract, Derivative Derivatives Contract, and/or other Derivative Contracts, pricing, month of surrender, Term brokers manage accounts, sell or purchase transactions and profits or losses, including the monthly confirmation and report submitted by the Term Broker.
Verse (3)
Pretty clear.
Article 136
Pretty clear.
Section 137
Pretty clear.
Article 138
Pretty clear.
Section 139
Pretty clear.
Section 140
Pretty clear.
Article 141
Verse (1)
The prohibition of opening or having an account on the other-term brokers is to prevent a conspiracy that could harm Nasabah and the unlateness of the transaction in the market is reasonable and transparent.
Verse (2)
This provision is intended to make the wife or husband of a future broker's employees be used to conspire to conduct a previously arranged transaction that results in the non-working market mechanism. (fair) and avoid the possibility of a transaction by a group of people or his family beyond the set of positions set.
Section 142
Verse (1)
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
Things will be explained as to the extent of the term of the Contract, including the maximum extent of the transaction, the position of entitlement of the contracted term reporting, price fluctuation limit, margin, and other provisions applicable.
The letter d
Pretty obvious.
Letter e
Pretty obvious.
The letter f
Pretty obvious.
Verse (2)
Pretty clear.
Section 143
Pretty clear.
Section 144
Pretty clear.
Section 145
Pretty clear.
Section 146
The letter a
Pretty obvious.
The letter b
Pretty obvious.
Letter c
Pretty obvious.
The letter d
Pretty obvious.
Letter e
Pretty obvious.
The letter f
Pretty obvious.
The letter g
Pretty obvious.
The letter h
Pretty obvious.
Letter i
Pretty obvious.
The letter j
Pretty obvious.
The letter k
Pretty obvious.
The letter l
Pretty obvious.
The letter m
Pretty obvious.
The letter n
The intended “a certain state ” among other things if the Nasabah is not in place during a given period and for transactions aimed at avoiding greater losses (stop loss) in accordance with the provisions of the Head Bappebti.
The letter o
Pretty clear.
Section 147
Pretty clear.
Article 148
Pretty clear.
Section 149
Pretty clear.
Section 150
Verse (1)
What the affiliate referred to is:
a. family relations due to marriage and descent to the second degree, both horizontally and vertically;
B. relations between the Party and the employee, the director or the commissioner, of the Party;
c. The relationship between the two companies that have one or more of the directors or members of the same board of commissioners;
D. The relationship between the company and the party, whether directly or indirectly, is controlled or controlled by the company;
e. relations between the two companies that are controlled, both direct and indirect, by the same Party; or
f. relationship between the company and the major shareholder.
Verse (2)
Pretty obvious.
Verse (3)
Pretty clear.
Section 151
Pretty clear.
Section 152
Pretty clear.
Section 153
Pretty clear.
Section 154
Pretty clear.
Section 155
Pretty clear.
Article 156
Pretty clear.
Section 157
Pretty clear.
Article 158
Pretty clear.
Article 159
Pretty clear.
Section 160
Pretty clear.
Section 161
Pretty clear.
Article 162
Pretty clear.
Section 163
The letter a
Pretty obvious.
The letter b
Predefined “financial integrity ” is the financial ability of a company or person measured from capital and/or wealth owned according to the requirements specified as well as the observance of paying all obligations in the financial field, especially the tax payment by the concerned.
Being referred to “a good business reputation ” is the ability to manage the effort well and have credibility as well as good behavior, which is marked among others:
1) has never been convicted of committing a criminal offence;
2) has never entered the banking blacklist;
3) has never been declared pailit in the last 5 (five) years; and
4) has the expertise in the field of Term Trade.
Letter c
Pretty obvious.
The letter d
Pretty clear.
Section 164
Pretty clear.
Section 165
Pretty clear.
Section 166
Pretty clear.
Section 167
Pretty clear.
Section 168
Pretty clear.
Section 169
Pretty clear.
Section 170
Pretty clear.
Section 171
Pretty clear.
Section 172
Pretty clear.
Section 173
Pretty clear.
Article 174
Pretty clear.
Section 175
Pretty obvious.
