AIMS Opens Jakarta Office

AIMS has opened an office in Jakarta after receiving approval from Indonesias Commodity Futures Trading Regulatory Agency (BAPPEBTI).

The approval allows the broker to operate in Indonesia under the local regulatory framework. The Jakarta office will serve as its local presence in the country.

BAPPEBTI approval

Indonesia requires firms offering futures and related trading services to operate under local supervision. With the BAPPEBTI licence, AIMS is now listed among brokers permitted to conduct regulated activity in the Indonesian market.

The companys entry comes as more forex, CFD, and multi-asset brokers have been looking at Indonesia due to its large population and growing use of digital trading platforms.

Indonesia as a regional market

Indonesia has become one of the more active markets in Southeast Asia for online trading services. Local licensing has become an important step for foreign brokers that want to operate in the country under a domestic regulatory structure.

AIMS has also made regulatory changes in other markets. The company previously obtained a Market Maker licencefrom the Australian Securities and Investments Commission (ASIC), as part of changes to its wider business structure.

The latest update is limited in scope: AIMS has obtained BAPPEBTI approval and opened an office in Jakarta. Its next development in Indonesia will depend on how the company builds out its local operations under the licence.

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