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Does jfx in Indonesia supervise foreign exchange?
Supervision.

JFX is the foreign exchange futures regulator of Indonesian government, which is composed of government and banks. It is both a regulator and a traffic provider, equivalent to the China Banking Regulatory Commission in China, and is located on the 20th floor of the city building in Jakarta.

Java Global Futures Co., Ltd. is the authorized and supervised institution for commodity futures trading in Indonesia, and is also a member of Jakarta Futures Exchange (JFX), Indonesia Derivatives Clearing House (IDCH) and Indonesia Futures Association (ASPEBTINDO).

The company abides by the strictest standards, including capital adequacy requirements. And regularly submit financial reports to JFX and KBI, including daily reconciliation of customer funds.