Indonesia Commodity and Derivatives Exchange
Indonesia Commodity and Derivatives Exchange (ICDX), also known as PT. Bursa Komoditi dan Derivatif Indonesia (BKDI) is the Internationally known commodity and derivatives based exchange in Indonesia. Which is not owned by any Indonesia government by shares, relative to some private financial company, many foreign banks assume ICDX could be a dangerous company to provide any transactions.As 2019, this private institution ICDX which is cooperated with PT. Ti-mah company to be only one dominate TIN provider in Indonesia, which already causes all other local smelters out of business by unfavourable and unfair regulations. ICDX currently be listed into unstable trade market platform, and unable to turn into international metal trade stage. Unlike LME (London Metal Exchange) which is in well conditions to assist members, ICDX is more like a local institution to square their members.