IGEX Signed Introducing Broker Agreement with Marketing and Sales Distribution Company in Singapore

JAKARTA, INDONESIA / ACCESSWIRE / March 16, 2015 / Indo Global Exchange (the “Company”) (OTC Pink: IGEX) (PINKSHEETS: IGEX), announced today it has signed an Introducing Broker Agreement with Yellow Octopus, a marketing and sales distribution company based in the Singapore with access to China, Indonesia and Malaysia. The Company will start marketing IGEX SuperTrader to its partners April 2015.

John O’Shea, IGEX CEO, said, “Entry into the Singapore, China, Indonesia and Malaysia is ahead of our schedule and will add greatly to our bottom line with little to no overhead cost due to the Introducing Broker Agreement with Yellow Octopus Singapore. Yellow Octopus will be responsible for all marketing and associated cost to establish networks and develop a client list.”

As part of the agreement Yellow Octopus performance is linked to IGEX shares. For every $500,000 of funds under management IGEX will issue 500,000 IGEX shares up to 26,000,000 shares. Once the targets are reached this would represent over $520,000 per month in recurring revenue to IGEX. Also added to the agreement is a list of large and established broker companies that Yellow Octopus has highlights as strategic partners and will be introduced to IGEX SuperTrader.

– CLSA Asia-Pacific Markets 

– Shenyin & Wanguo Securities Co., Ltd. 

– Haitong International Securities Group Limited

– CITIC Securities Brokerage (HK) Limited 

– CLSA Asia-Pacific Markets 

– Shenyin & Wanguo Securities Co., Ltd. 

– Haitong International Securities Group Limited

– CITIC Securities Brokerage (HK) Limited 

Mr. O’Shea said, “IGEX’s focus moving forward is to capitalize on Indonesia, Singapore, Malaysia and other emerging markets growing middle class through its retail trading and financial service offerings, and to deliver both trading and other financial solutions to future business-to-business clients that are currently not available in the local market.”

Mr. O’Shea continued, “With our expanded product offerings, IGEX has positioned itself to take advantage of the opportunities that Indonesia, Malaysia, China and Singapore growing economy represents. Furthermore, our confidence going into the 1st half of 2015 has only increased with indices showing continuing strong growth in the Indonesian economy. We are ideally positioned in the market, similar to where companies like E-TRADE Financial Corporation, Charles Schwab, and TD Ameritrade Holding Corporation were a couple decades ago.”

About IGEX

Indo Global Exchange (IGEX) is at the forefront of the emerging financial markets service sector, partnering with noteworthy licensed suppliers of sophisticated global trading platforms in Equities, CFDs, Derivatives, Commodities, Energies, Foreign Exchange and Options. IGEX’s local knowledge coupled with world-class partners gives clients security and 100% transparency, which is critical for entry into this large and relatively untapped Pacific Rim marketplace. For more information about IGEX’s business, mission and strategic partners, visit: www.igex.com.

Demographic trends show the size of the opportunity. There are currently about 74 million in Indonesia, and this number will double by 2020, to roughly 141 million people. During that period, some 8 million to 9 million people will enter the middle class each year. To capture the opportunity, IGEX gains understanding of the country’s demographic and regional trends, and develops the right product mix and go-to-market strategy.

About IGEX SuperTrader

A cutting-edge investment platform that allows investors to replicate risk-rated trading strategies within their own portfolio. Visit: https://supertrader.igex.com.

Notice Regarding Forward-Looking Statements

This news release contains forward-looking statements, which reflect our views with respect to future events and financial performance. These forward-looking statements are subject to certain uncertainties and other factors that could cause actual results to differ materially from such statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents we file with the SEC, available at www.sec.gov.

CONTACT:

John O’Shea
CEO & President
John.Oshea@IGEX.com

SOURCE: Indo Global Exchanges Pte Ltd

ReleaseID: 426916