Prudent Internasional Berjangka was founded in 2009 in Jakarta, Indonesia. An STP (Straight-Through-Processing) platform to connect Asian investors to the international financial markets.
Recently, it has also added cryptocurrency to its list of financial products. It is regulated by BAPPEBTI, ICDX, NFA and ICH to on all the financial settlements of volofinance and Prudent Internasional Berjangka.
To maximise the security and insurance for investors, Prudent Internasional Berjangka will store all investors’ fund into segregated accounts in BCA bank (Bank Centra Asia).
Indonesian Commodities and Futures Trading Regulatory Authority (BAPPEBTI) was established in year 2005 to regulate certain sections of the financial services industry in Indonesia.
BAPPEBTI is the sole regulatory authority that empowered with such authority. BAPPEBTI operates under the scrutiny of Indonesia Finance Ministry and manage by committees who were the elites appraised by the government from varies industries.
The members of Indonesian Commodity and Derivatives Exchange (ICDX) consists of traders, agencies and foreign traders (member abroad).
All members gone through the process of registration with decent identify verification, then become a member to trade. ICDX is an Indonesian Government related party and acts as the rules and regulations committees.
Indonesia Clearing House (ICH) is a business entity that provides clearance and warranties to all contract trading transactions.
It was established to assure the trading transactions are substantial, fair, effective and efficient, which is duly authorized by the officials, based on Law Number 32 of 1997 as amended by Act Number 10 of 2011.
To ensure the maximum security of investor’s funds, they will be stored in a third party bank – BCA bank’s segregated account. volofinance have limited access and can only use these funds to trade, keeping the fund secured for the investors.