Money Market and Foreign Exchange Market

In carrying out its role as Central Counterparty for the Money Market and Foreign Exchange Market (CCP PUVA), IDClear has the following duties and functions:

Administering the PUVA transaction portfolio and financial transactions through clearing and other settlement services correctly and accurately, on time, consistently and transparently;

Administration of default fund contribution, initial margin and variation margin;

Risk management by establishing standard operational procedures related to risk management;

Regular monitoring and supervision of markets and transactions;

and other tasks determined by Bank Indonesia.