Jakarta, Indonesia -- August 20, 2015 -- InvestorsHub NewsWire
-- International Global Exchange (OTC:IGEX)
an innovative provider of financial, advisory, funds management,
and investment services globally.
Yellow Octopus, a marketing and sales distribution company based
in the Singapore, is a strategic partner for IGEX. After extensive
review and due diligence of IGEX trading platform, Yellow Octopus
is now ready to move forward.
We have presented IGEX trading solution to our nest work in
Singapore, Hong Kong, Malaysia, Australia, United Emirates and
Switzerland, the response has been extremely positive. Our
Financial Planning Groups, Banking Executives, and Funds Mangers
are ready to start IGEXs platform with their clients. We see no
issue achieving our targets and now ready to send out the formal
agreement with IGEX. We feel confident in the product IGEX has
developed, as this is what the retail market wants with options in
investing. said Mr. Jason Lee Director of Yellow Octopus
Yellow Octopus agreement with IGEX will be based on a split
system with an Incentive based pricing model. This business
model will focus on establishing the right incentive structure
to motivate all the involved parties to direct effort that will
help Yellow Octopus achieve its business outcome.
*Once Yellow Octopus achieves their target of $6,000,000 for the
first year, the split will be approximately $44,000 per month for
IGEX and $68,000 for Yellow Octopus.
|
Amount of funds under management
|
|
IGEX Commission Per transaction
|
Yellow Octopus Commission Per transaction
|
|
$1,500,000
|
|
50% of Total Commission $15,625
|
50% of Total Commission $15,625
|
|
$1,500,001 to 4,000,000
|
40% of Total Commission $18,750
|
60% of Total Commission $28,125
|
|
$4,000,001 to 6,000,000
|
30% of Total Commission $11,250
|
70% of Total Commission $26,250
|
|
$6,000,001 plus
|
20% of Total Commission
|
80% of Total Commission
|
The agreement with Yellow Octopus is expected to
deliver over $520,000 in recurring revenue for IGEX. Our
transparent and fully automated trading system is proving very
popular with investors. IGEX is focused on expanding the
Asian market with high
profile Companys like Pacific Markets, Shenyin & Wanguo Securities
Co. Ltd. Haitong International Securities Group
Limited CITIC Securities Brokerage (HK) Limited and
an effective pricing contract is a basic component for
continued long-term success in an outsourcing relationship.
says John OShea, IGEX, CEO.
*Calculations are based on Funds under Management Average
system.
Forward-looking statements: Except for the historical
information contained herein, the matters discussed in this press
release are forward-looking statements. Actual results may differ
materially from those described in forward-looking statements and
are subject to risks and uncertainties. See Indo Global Exchange
Pte Ltd filings with the Securities and Exchange Commission, which
identify specific factors that may cause actual results or events
to differ materially from those described in forward-looking
statements.
For more information on IGEX, please contact:
info@IGEX.com