Alternative-Market Derivatives Trading
Penyelenggaraan Perdagangan Kontrak Derivatif di Pasar Alternatif
🏦 Section K — Financial & Insurance Activities
In Bali: open to a PT PMA
Alternative-Market Derivatives Trading: Nationally Open, Not Blocked in Bali
An own-account alternative-market derivatives activity that is nationally open to 100% foreign ownership and is not blocked by Bali’s PMA moratorium.
Bali does not block PMA registration for this activity under the stated moratorium rule.
Direct 1:1 match from KBLI 2020 — code and scope unchanged.
What You Need
Who This Is For
A foreign entrepreneur who wants to run a proprietary derivative trading operation on alternative platforms, but who is not in a rush to set up in Bali specifically.
Source: the BPS 2020↔2025 conversion table, mechanically extracted and acceptance-gate verified. It shows which 2020 codes map to this 2025 code — provenance only, not a licensing claim: the regulatory regime of these predecessor codes has not been adjudicated as transferring.
Sources & Verification
Each data layer below traces to a government source with its KBLI vintage — or is declared as a gap. Nothing in these layers is silently filled in.
Title and scope as defined by the KBLI-2025 classification.
locator: OSS_RBA_2025_id_version_fff4053d
Risk category and licensing rows are KBLI-2025-native from the OSS Risk-Based Approach catalog.
locator: OSS_RBA_resiko_2025
The investment-list annexes predate KBLI 2025; the per-code crosswalk audit of this layer is in progress. The value shown is the annex text, disclosed with its vintage.
Conservative posture derived from the risk tier · confidence MEDIUM.
Dataset last updated 2026-07-26 · KBLI 2020 and KBLI 2025 reuse code numbers for different activities — cross-vintage rows are labeled, never merged silently.
Can foreigners operate a alternative-market derivatives trading business in Indonesia?
What license is required for KBLI 66114?
What is KBLI 66114?
How did KBLI 66114 change from KBLI 2020 to 2025?
Related Codes
Money & Forex Market Trading Facility
Penyelenggaraan Sarana Transaksi di Pasar Uang dan Pasar Valuta Asing
Digital Financial Asset Exchange
Penyelenggaraan Bursa Aset Keuangan Digital
Financial Services Supervision (Non-Insurance, Non-Pension)
Aktivitas Pengawasan Jasa Keuangan Selain Asuransi dan Dana Pensiun
Futures Exchange
Bursa Berjangka
Self-Regulatory Organization
Aktivitas Regulator Mandiri
Securities Trading System Operator
Penyelenggaraan Sistem Perdagangan Efek
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