Indonesia commodity exchanges set for foreign ownership

The Indonesian government is to open up its two commodity exchanges to foreign ownership, in a move aimed at attracting better trading business

The Indonesian government has announced it will open up its two commodity exchanges to foreign ownership, in a move aimed at attracting better trading business.

The government is preparing to allow foreign companies to own up to a 40% stake in the Jakarta Futures Exchange and the Indonesia Commodity & Derivatives Exchange, according to local news reports.

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