IGEX Expands Leading Global Trading
Platform in Partnership with TandemFx and Yellow Octopus to target
Australia.
JAKARTA, INDONESIA -- October 20, 2015 -- InvestorsHub
NewsWire -- Indo Global Exchange Pte., LTD (the "Company")
(OTC
Pink: IGEX), a growing provider of online global markets and
trading platforms to securities and commodities investors today
announced it has established a strategic partnership with TandemFx
and Yellow Octopus to operate in Australia. Following IGEXs rapid
expansion throughout the Asian and Pacific Rim markets, the
partnership with TandemFx and Yellow Octopus, will assist in
bringing a unique distribution capability and trading platform to
investors in Australia.
Yellow Octopus signed an amendment to the IGEX agreement
allowing Yellow Octopus the rights to promote and distribute IGEX
products within Australia under the TandemFx Brand which operates
under ASIC guidelines.
TandemFX is owned and operated by Richard Jackson of Jackson
Capital based in Melbourne and is the developer of the strategies
IGEX uses.
Richard Jackson said "Yellow Octopus approached TandemFX and
IGEX to expand its offering outside of Singapore, Honk Kong and
China allowing Yellow Octopus to promote in Australia.
Although TandemFX operates and promotes its own services in
Australia, it is our belief that there is a big enough market to
have a number of players promoting the services. Yellow Octopus
have an established network which is a great advantage to TandemFX.
Introductions to a number of substantial players have already taken
place and all parties will gain from this extensive network."
Kit Foo Chy, Director of Yellow Octopus, said they "have
received a number of requests from financial planners, and other
funds managers within Australia, to gain access to IGEX services.
This is a huge opportunity for all parties and we are very happy to
be working closely with IGEX and TandemFx to offer their services
to our network in Australia utilizing their financial services
license under ASIC to promote the product."
John O'Shea said "Yellow Octopus have started promoting the IGEX
products and we have on boarded many clients that are funding their
accounts. This is bringing trading revenues to IGEX never seen
before. There has also been negotiations that the target of
$6,000,000 of new funds under management by Yellow Octopus is
brought forward to April 2016. This means that any bonus
payments will stop after this date, so Yellow Octopus must
work extra hard to get new clients before this deadline to achieve
maximum return."
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.
For more information about TandemFx, please visit: http://www.tandemfx.com.au/
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.