MCX and Jakarta Futures Exchange (JFX) Ink MoU for Collaboration and Knowledge Sharing

27 Feb 2024 , 01:07 PM

The Multi Commodity Exchange of India (MCX) and Jakarta Futures Exchange (JFX) signed a memorandum of understanding (MoU) on February 26, 2024.

The MoU aims to enhance collaboration in areas such as knowledge sharing, research, education, training, awareness creation, and market development initiatives.

The agreement was formalized at the MCX headquarters in Mumbai, with P S Reddy, MD and CEO of MCX, and Stephanus Paulus Lumintang, President Director of JFX, signing the MoU. Senior colleagues from both organizations were present during the signing ceremony.

P S Reddy, MD and CEO of MCX, expressed optimism about the partnership contributing to the advancement of both marketplaces through knowledge sharing, best practices, and education.

Stephanus Paulus Lumintang, President Director of JFX, highlighted the significance of the MoU in fostering cooperation and collaboration between the two exchanges.

Lumintang emphasized leveraging the strengths, resources, and expertise of both exchanges to create opportunities and achieve shared objectives in the derivatives market.

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