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WWW Asia Commodity
 

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I. OPENING ACCOUNT
A. Applicaiton or Registration
B. Demo Account
C. Risk Disclosure dan Client Agreement
    a. Risk Disclosure
    b. Client Agreement
D. Margin
    a. Segregated Account
    b. Withdrawal
    c. Injection
E. Valid Period

II. CONFIDENTIAL

III. TRADING REGULATION
A. Determine yen as the Currency Exchange
B.Contract Specification
C. Day Trade
D. Contract Month
E. Limit New Position
F. Limit Long-term Position
G. Margin
     a. Initial Margin
     b. Margin Requirement
     c. Call Margin
     d. Auto Cut
     e. Hedging/Stradle
     f. Over Trading
H. Platform
     a. Price
     b. Limit Up atau Limit Down
     c. Commission
     d. Market Price
     e. Stop Loss
     f. Sistem Order
     g. Cancel Order
I. Software, Hardware and Internet Connectiont

IV. REPORTING

V. CONFLICT SOLUTION

 

 

 

 

 

 

 


  TRADING REGULATION

I. OPENING ACCOUNT

A. Application or Registration

To open an Account, customer needs to fill an application form which going to be process by the company. The form includes the personal information of the customer such as name, address, phone, email address and other information that is needed by the company. All information will be keep confidential.

Before make a real transaction, a customer is suggested to trade or make a transaction using a Demo Account in order to learn about Trading on. Customer will be given virtual money about 90.000.000 Rupiah to make transactions in this simulation. From this simulation, customer is expected to know about the regulations and recognized the system and its functions in order to make no mistake in making a transaction or trading using his or her real account. Demo Account and Real Account are using the same system and rules.

Demo Account is online valid for one month.

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a. Risk Disclosure

Customer has to understand about risk of trading. He or she has to sign the Risk Disclosure Statement that passed by this company to the customer. This Risk Disclosure Statement states about inside commodity trading contract, there are benefits and risks of lost which sometimes can reach to a big amount (half or whole customer’s money). Therefore, the customer has to be careful in making decision of trading. Customer has to know about the condition of his or her money before trading.

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b. Client Agreement

Agreement that have been acquiescent by PT.Asia Kapitalindo Komoditi Berjangka and the customer in trading, either buy or sell commodity contract with its regulations are listed in the Client Agreement. Inside the agreement, it explain about the margin, obligation to keep the margin, broker, broker’s responsibility, transaction commission, the law and rules that needed to be understand by the customer.

If the customer already read and understand about Risk Disclosure and Client Agreement, he or she must sign every page of each form.

If the customer is outside the city, he or she can get both forms from this website http://www.asiakomoditi.com. Make sure to print two copies for each form. Fill them, seal them, sign them and send them through mail or messenger.

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D. Margin

a. Segregated Account

Customer can deposits their money to this Segregated Account

Bank of Niaga - Gajah Mada provision
No. Account : 001.01.89256.002
name : PT. Asia Kapitalindo Komoditi Berjangka


OR

Bank Central Asia (BCA) Sudirman provision
No. Account : 035.311.6565
name : PT. Asia Kapitalindo Komoditi Berjangka

The fund must deposits In Rupiah as an assurance for opening account in Asia Komoditi ONLINE. The deposit slip must be received by the company before the customer starting to make a transaction which is not later than T+2 after the deposit fund is effective.

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b. Withdrawal

Withdrawal can be done anytime after the customer fills the withdrawal form and sign it. The fund can be transfer to the customer account and will be paid not later than T+2 after the withdrawal form is accepted by the Administration.

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c. Injection

In Daily Transactions, PT.Asia Kapitalindo Komoditi Berjangka perhaps need more additional money from the customer if the market condition running opposite from the customer position which cause the equity reduced. If the customer still want to hold his or her position, then before the floating loss reaches 70% from its current balance, he or she have to inject more funds.

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E. Valid Period

The customer’s account will be effective after PT.Asia Kapitalindo Komoditi Berjangka received the complete document and the fund deposit. The customer will get a User ID and Password to trade through the platform.

If the customer wants to close his or her account , the account balance at least has to 50.000 rupiah. For closing account which will be charge 50.000 rupiah

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II. CONFIDENTIAL

Every customer will have User ID and password which will be sending by email. The function is for access the Asia Komoditi Online platform’s facilities.The customer can change their password with 6 digits to 12 digits number or letter or combination of both. User ID and Password is confidential and only known by the customer where the employees of Asia will not know about it.

If the customer forgets about the password, a new password can be request. The customer has a responsible to keep the confidential of his or her User ID and Password and make sure that the third party will not get the access to his or her account. The negligence of keeping the confidential information will be the customer’s responsibility.

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III. TRADING REGULATION

A. Determine Yen as the Currency exchange

a. The exchange of Yen against Rupiah is 1 Yen = Rp. 70,-.
b. The exchange that is determined in point (a) can be replaced anytime with an announcement, a week before it effective.
c. The customer position that still open at the time exchange is determined, it still going to use the calculation which based on exchange mentioned in Point (a).

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No Commodity Futures Contract
Code

Minimum
Changes
Contract Month Commodity Product
Spread
(In Yen)
Contract
Unit
1. Arabica Coffee Futures TGE TACJFX 10 Yen
per bag
Jan, Mar, May, Jul, Sept, Nov, In 12 months period of time <10000 600 
50 bag >10000, <25000  800
>25000 1000
2. Corn Futures TGE TCFJFX 10 Yen
per ton
Jan, Mar, May, Jul, Sept, Nov, In 12 months period of time <10000 300
50 ton >10000, < 20000 400
>20000 500
3. Red Bean Futures TGE TRBJFX 10 Yen per bag 6 months in the row <8000 300
80 ton >8000, <16000 350
>16000 400
4. Robusta Coffee Futures TGE TRCJFX 10 Yen
per Kwintal
Jan, Mar, May, Jul, Sept, Nov, In 12 months period of time <10000 600
50 kwintal >10000, <25000 800
>25000 1000
5. Raw Sugar Futures TGE TRSJFX 10 Yen
per Ton
Jan, Mar, May, Jul, Sept, Nov, In 12 months period of time <15000 600
50 ton >15000, <35000 800
>35000 1000
6. Us Soybean Futures TGE TSBJFX 10 Yen per Ton Feb Apr, Jun, Aug, Oct, Dec, In 12 months period of time <20000 600
50 ton >20000, <40000 800
>40000   1000
7 Natural Rubber Index ORIJFX 0.1 poin 6 months in the row <80.00 2.00
10.000 Yen >110.00, <140.00 2.50
>140.00, <110.00 3.00
>140.00 3.50

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C. Day Trade

The Time Table of Daily Trade:

Commodity Futures Contract Code Day Trade (WIB)
Arabica Coffee Futures TGE TACJFX A1 : 07.30
A2 : 08.30
A3 : -----
P1 : 11.30
P2 : 12.30
P3 : 13.30
Corn Futures TGE TCFJFX A1 : 07.00
A2 : 08.00
A3 : 09.00
P1 : 11.00
P2 : 12.00
P3 : 13.00
Red Bean Futures TGE TRBJFX A1 : 07.20
A2 :  -----  
A3 : 09.20
P1 : 11.20
P2 :  -----
P3 : 13.15
Robusta Coffe Futures TGE TRCJFX A1 : 07.30
A2 : 08.30
A3 : ----- 
P1 : 11.30
P2 : 12.30
P3 : 13.30
Raw Sugar Futures TGE TRSJFX A1 : 07.45
A2 : 08.45
A3 : ----- 
P1 : 11.45
P2 : 12.45
P3 : 13.45
US Soybeans Futures TGE TSBJFX A1 : -----
A2 : 08.00 
A3 : 09.00
P1 : 11.00
P2 : 12.00
P3 : -----
Natural Rubber Index OSAMEX ORIJFX A1 : 07.00
A2 : 08.00   
A3 : 09.00
P1 : 11.20
P2 : 12.20
P3 : 13.20

- Holiday on Saturday and Sunday.
- Holidays based on Japan public holidays.

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The contract used for transaction only from the third month till six month.

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The limit order for new position maximum 20 lots buy new or sell new for one account

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The limit open position per contract is 20 lots buy or sell net for one account

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Initial Margin Customer will be deposit in Segregated Account of PT Asia Kapitalindo Komoditi Berjangka for security of customer transaction in Customer Future Contract.

Only AKKB can increase or decrease the margin deposit base on customer deposit bank slip, or customer injection slip, or customer withdrawal slip.

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a. Initial Margin

Minimal Margin Deposit for trading is Rp 10.000.000

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b. Margin Requirement

The Table of Margin Requirement each lot by product in Yen

Commodity Futures Contract
Code
Contract
Unit

Initial Margin
(Yen) (Rupiah)
Arabica Coffee Futures TGE TACJFX 50 bags 45.000 3.150.000,-
Corn Futures TGE TCFJFX 100 ton 45.000 3.150.000,-
Red  Bean Futures TGE TRBJFX 80 bags 45.000 3.150.000,-
Robusta Coffee Futures TGE TRCJFX 50 kwintal 45.000 3.150.000,-
Raw  Sugar Futures TGE TRSJFX 50 ton 45.000 3.150.000,-
US Soybean  Futures TGE TSBJFX 50 ton 45.000 3.150.000,-
Natural Rubber Index OSAMEX ORIJFX 10.000 Yen 45.000 3.150.000,-

 

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c. Call Margin

Call Margin happen if the open position of floating loss is reach 70% or 80% against the current balance.

The warning is given on the Financial Summary for sign that customer must inject that position.

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d. Auto Cut

If the Customer did not inject the Call Margin position, the system will close the open position automatically (Auto Cut) if the condition floating loss reached 85% or above the current balance.

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e. Hedging/Stradle

Hedging / Straddle is made if the customer want to prevent from the greater lost of his/her open position. The customer can set position against or opposite from open position if he or she has a lot of margin requirements.

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f. Over Trading

System will reject the customer position if the customer makes transaction that over His/her margin requirement.

Example: If the customer has margin deposit 10.000.000 rupiah, its only can open maximize 2 lots, but if customers want to open 6 lots the systems will rejected that order automatically.

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a. Price

The Platform provides the price that identical to the price from the Future Exchange. Dealer have rights to adjust the price, if the platform has wrong quote, or pricing error. PT Asia Kapitalindo didn’t have any responsibility if the platform can not meet the price that customer order or liquid. This is happened because of the price hattick, or other jump price.

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b. Limit Up And Limit Down

If the price happens to limit up or limit down,

- The customer can liquid position at the price limit
- The customer can not put order new position

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c. Commission

Commission charged per lot settle is 6000 yen

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d. Market Price

That can be used as price for transaction

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e. Stop Loss

The order limit that is set the price for closed position for minimizing loss.

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f. Sistem Order

In Trading Commodity online you can make System Order entry by click on the order Icon.
There is three order “ or lower, or higher, and market order”. The rules for New or Close order :

i ) Or lower and or Higher order can be done at least 15 minutes before the price running.

ii) Market Order can be done at least 10 minutes before the price running

g. Cancel Order

Cancel Order can be done only once for every new order or close, with duration 5 minutes before the price running.

 

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I. Software, Hardware and Internet Connection.

ASIAkomoditi ONLINE is developed through Electronic Trading System Web-based. The Electronic Trading System is different from Voice Order / Open Outcry or any other electronic system. Therefore, the risk of the customer fails to make orders or transactions depend on the perceptive of the system software and hardware requirement.

Since PT.Asia Kapitalindo Komoditi Berjangka did not take any controls of the customer’s internet configuration and computer configuration (software and hardware), PT.Asia Kapitalindo Komoditi Berjangka will not take responsibility for any causes or accept any kind of charges such as losses or damages or expenses (lawyer’s expenses) which caused by the system failure where failure can be caused by the customer or the system itself.

If the condition above really happens, then the customer’s order can be done by calling the dealing office with a situation that the customer only can order of close position and not allow to open new position.

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IV. REPORTING

All customers can access their financial report and confirmation report directly from Menu Report. All Financial reports from the customer transactions are stored automatically in that customer report. Inside the report, there are contract code, contract, contract month, open position, close position, total transactions, commission, profit / loss, transaction date and financial position statement.

Conformation report is declared in Yen and Rupiah currency (1 Yen = 70 Rupiah) as it written on “ III Trading Regulation Point A”.

Customer must review and report as soon as possible about any mistakes that happen in the conformation report. If PT. Asia Kapitalindo Komoditi Berjangka did not receive any call from the costumer and statement paper from customer in 2 working days after the conformation report is released, the company will assume that there is no problem with the report and the report is legal.

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V. CONFLICT SOLUTION

The conflict solution will be made base on:

  • The prove of facts where all the facts can be find and see inside the ”report“ and inside the “trading admin” that store all the complete trading records.
  • Refered to all last data that written in PT.Asia Kapitalindo Komoditi Berjangka.

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This all the trading regulations to be published and applied. If there any changing in this regulation it will be announce 1 week before effective.

   
   
 
   
     
 

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PT. ASIA KAPITALINDO KOMODITI BERJANGKA
MAIN OFFICE
Graha Surya Internusa, Lantai 7, Suite 702
Jl. H.R. Rasuna Said Kav. X-0
Kuningan, Jakarta 12950
Telephone (021) 5793 0404 - Hunting
Faximile (021) 5793 0405

Roxy Mas Branch   Bandung Branch   Surabaya Branch
Pusat Niaga Roxy Mas   Ciumbuleuit   Hyatt Regency
         
© Copyrights 2005. PT. ASIA KAPITALINDO KOMODITI BERJANGKA