Patsystems supplies technology to new Indonesian exchange

09 Sep 2009

Patsystems has been chosen as preferred technology supplier for the newly established Indonesia Commodity and Derivatives Exchange, the technology vendor announced on Tuesday September 8.

The exchange was formed by Bappebti, the Commodities Futures Exchange Supervisory Board, a division of Indonesia’s Trade Ministry. It is...

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“At our current funding level, the Commission is under serious strain. We lack the staff and resources necessary to both implement Dodd-Frank and continue to fulfil our pre-Dodd-Frank duties under the Commodity Exchange Act. Without additional funding, the strain will only become worse in July, when much of Dodd-Frank goes into effect.”

The CFTC's Michael Dunn pleads for Congressional support over the regulator's budget.

Patsystems supplies technology to new Indonesian exchange

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