PALN PROGRAM

PENYALURAN AMANAT LUAR NEGERI (PALN)


Penyaluran Amanat Luar Negeri (PALN) is a specialized program that allows participating clients to trade financial instruments on foreign exchanges through licensed brokerage transactions to the Overseas Futures Exchange.


PALN operates through the mandate distribution system to foreign Futures Exchanges (Singapore Exchange) facilitated by the domestic Futures Exchange (Jakarta Futures Exchange). Requirements also include membership in the Futures Clearing House abroad listed on the Jakarta Futures Exchange and cooperation with domestic brokers in Indonesia. PT Genesis Gemilang Futures, a member of BAPPEBTI, approved as a futures broker with the right to distribute mandates to Overseas Futures Exchanges (PALN), facilitates this process.


To participate in the PALN program, clients must open a trading account with PT Genesis Gemilang Futures. Through this channel, clients gain access to foreign exchange markets via the PALN platform. PALN facilitates trade clearings with the Singapore Exchange (SGX), enabling PT Genesis Gemilang Futures to offer clients opportunities 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:

  • Access to Global Liquidity

    PALN connects our clients to a network of global banks and financial institutions, providing access to enhanced liquidity and better trade execution

  • Greater Choice of Instruments

    PALN expands the range of tradable instruments beyond those listed on the local exchange, allowing clients to explore a wider array of investment opportunities

  • Real Time Trading

    PALN enables clients to execute trades in real time, capitalizing on current market prices and enjoying faster order execution

  • Lower Trading Costs

    PALN often offers cost advantages compared to trading on the local exchange, as it eliminates the need to pay exchange fees

  • Protection From Fraud

    PALN operates under the regulatory framework of BAPPEBTI, ensuring that participating clients are protected from fraudulent activities and associated risks

  • Compliance with Indonesian Law

    PALN is fully compliant with Indonesian law, ensuring that our operations and services adhere to the regulations set by BAPPEBTI

  • A Level Playing Field

    PALN ensures that the implementing broker have the same opportunity to compete for business. This is important to ensure that our clients have access to the best possible trading services and opportunities

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


support@genesis.co.id

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.