Indonesia export curbs help develop onshore derivative sector

ICDX aiming to take advantage of rule change to build local derivatives markets

Indonesia is one of the world's largest coal producers

Indonesia's decision at the start of 2014 to ban the export of unprocessed metals as part of a move to keep more of the commodities value chain onshore, met with criticism from business and economists alike, but Megain Widjaja, chief executive of the Jakarta-based Indonesia Commodity & Derivatives Exchange (ICDX), is a fan.

The South-east Asian state is a commodity powerhouse: the world's largest tin exporter also has serious coal, nickel and bauxite resources, as well as a market-leading positi

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