Antara ETP runs a Bank Indonesia‑licensed electronic trading platform that gives institutional traders real‑time, low‑latency access to IDR‑denominated spot, forward, swap, deposit, Islamic deposit and option products via a request‑for‑quote workflow with multiple banks. The Bloomberg‑backed system provides market data, secure trade blotters and optional straight‑through processing to the regulator, improving liquidity and operational efficiency for Indonesian banks and broker‑dealers.
Funding
Funding not disclosed
Founders
Product
Problem
Indonesian financial institutions face fragmented access to a secure, low‑latency electronic venue for trading money‑market and foreign‑exchange instruments, limiting market liquidity and efficient price discovery.
Solution
Antara ETP operates a Bank Indonesia‑licensed electronic trading platform that provides regulated, real‑time access to a range of IDR‑denominated spot, forward, swap, deposit, Islamic deposit and option products. The platform leverages Bloomberg’s technology stack to deliver high‑speed connectivity, comprehensive market data and robust security controls. Users initiate a request‑for‑quote workflow, receive competitive quotes from participating banks, and execute trades directly within the system. Completed transactions are recorded in a trade blotter, can trigger email notifications, and are optionally routed to Bank Indonesia’s Sismontavar system via straight‑through processing. By centralising trade negotiation and settlement, Antara ETP enhances market depth, reduces operational friction, and supports compliance with Indonesian financial regulations.
Target Audience
Primary customers are Indonesian banks, broker‑dealers and other financial institutions that require a regulated, electronic venue for money‑market and foreign‑exchange trading.
Features
- Licensed electronic trading venue approved by Bank Indonesia, one of only two authorized ETP operators in the country
- Bloomberg‑backed low‑latency connectivity and real‑time market data feed
- RFQ‑based trade negotiation workflow with multiple bank counterparties
- Support for IDR‑denominated spot, NDF, NDS, deposit, Islamic deposit and option instruments
- Trade blotter with audit trail, email alerts and optional STP integration to Bank Indonesia’s Sismontavar system
- Built‑in security architecture meeting data‑integrity, privacy and regulatory compliance standards
- Web‑based interface providing seamless access for institutional traders