PALN PROGRAM
PENYALURAN AMANAT LUAR NEGERI (PALN)
Penyaluran Amanat Luar Negeri (PALN) is a program that allows participating clients to trade financial instruments on foreign exchanges through a licensed broker transaction to Overseas Futures Exchange
PALN only can be done through the mandate distribution system to foreign Futures Exchanges (Singapore Exchange) provided by the domestic Futures Exchange (Jakarta Futures Exchange) to Futures Brokers are members of the Futures Clearing House abroad that has been listed on the Jakarta Futures Exchange and has cooperation with domestic brokers in Indonesia That is PT Genesis Gemilang Futures who has received approval as a futures broker who has the right to distribute of Mandate to Overseas Futures Exchange (PALN).
To participate in the PALN program, clients must open a trading account with PT Genesis Gemilang Futures who is a member of BAPPEBTI. Through this broker, clients gain access to the foreign exchange markets via the PALN platform. At PT Genesis Gemilang Futures we have seamlessly integrated PALN into our operations, facilitating trade clearings with the esteemed Singapore Exchange (SGX). This integration allows us to offer our clients the opportunity for diversification and international market participation within a secure and regulated framework.
PALN empowers our clients to trade a broad range of foreign futures products offered by the SGX, including equity index futures, commodity futures, and currency futures. This program serves as a gateway to diversify investment portfolios and seize international market opportunities.
The PALN program operates through a secure electronic communication network (ECN) system, connecting Genesis with Tier 1 Liquidity Providers, including Prime Banks. Through this operation, trade orders are automated and seamlessly processed, ensuring efficient execution and minimizing the risk of errors.
By implementing the PALN program, Genesis offers a number of advantages for its clients:
Overall, the PALN program provides our clients with a comprehensive solution to access a broader range of stocks, engage in real-time trading, and benefit from enhanced liquidity. If you have further inquiries or require more information about PALN, our dedicated team is readily available to provide comprehensive explanations and assist you throughout your trading journey.
CONTACT US
PT. GENESIS GEMILANG FUTURES
Soho Capital 1608-1609
Jl. Letjen S. Parman Kav. 28,
Podomoro City, Indonesia, Jakarta 11470
DISCLOSURE
PT Genesis Gemilang Futures is fully authorized and regulated by the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI) under Law No. 10 of 2011 on the Trading of Commodity Futures (License No.: 02/BAPPEBTI/SI/11/2022).
Disclaimer:
Trading leveraged products involves a significant risk of losing money. It is crucial that you carefully consider whether you understand the nature of the products you trade or invest in and assess whether the associated risks are acceptable to you. Please be aware that trading and investing involve the potential loss of your capital. Past performance is not indicative of future results. It is your responsibility to ensure that you make an informed decision regarding your trading and investment activities with Genesis. If you are uncertain about whether investing is suitable for you, we strongly recommend seeking independent advice.
Privacy Policy: PT. Genesis Gemilang Futures requires personal information for parties who will register demos and live accounts for internal purposes. PT. Genesis Gemilang Futures and its employees are obliged to maintain the confidentiality of such information and will not provide it to any party unless required by law.