IGEX Appointed Investment Manager for FxPro White Label Partners Millions of New Funds Expected from Retail Clients
March 13 2015 - 3:45PM
eTeligis
JAKARTA, INDONESIA(Eteligis Inc.)
JAKARTA, INDONESIA, United States, via ETELIGIS INC., 03/13/2015
- - International Global Exchange (OTC Pink: IGEX) (PINKSHEETS:
IGEX), today announced it secured Star Signals, FX professional
Academy and Investor Limited as new clients of IGEX SuperTrader.
All these new clients for IGEX are White Label partners of FxPro
and after FxPro funds management division invested $500,000 in IGEX
trading Strategy's there partners are following with retail clients
using IGEX as services provider.
IGEX transaction will see a huge upside will funds under
management increasing daily from other providers wanting to use our
trading solutions. FxPro years of experience in FX have led them to
developing highly effective investment alternatives that capitalize
on forex's growing status as an asset class in its own right. FxPro
manage more than $60 billion trading volume per month in the
foreign exchange market and have over $300mn Funds Under
Management
Earlier IGEX reported its Planck 10 trading strategies gained
12.45% in January, building upon consistent monthly gains posted
since September resulting in returns of 34.26% for the period.
'FxPro have recognized the Planck 10 Strategy and once full tested
will open it to its retail and manage funds areas.
John O'Shea, IGEX CEO said, "We sought our strategic partner for
our Planck 10 trading Strategy and are extremely pleased that FxPro
and now there other partners Star Signals, FX professional Academy
and Investor Limited have chosen IGEX after extensive review and
analysis. This recognition from 'FxPro and its partners adds value
to not only IGEX and the Fund, but most importantly to the
underlying clients of the Fund."
"Our risk management will run within the parameters of the
Investment Mandate to achieve performance goals," added Mr. O'Shea.
This is a unique opportunity to allow IGEX to expand in the funds
Management industry with ownership and allowing IGEX Super Trader
to gain investment funds which will produce revenue for IGEX from
day one.
"Our management approach fosters an entrepreneurial culture
among staff. Strong compliance is the fundamental building block to
this approach. Risk management practices are embedded in our
business ethos," said the Fund's Managing Director. "These,
together with a strong and committed team, are key drivers of our
success."
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:
Crescendo Communications, LLC
Tel: (212) 671-1020
Email: igex@crescendo-ir.com
SOURCE: Indo Global Exchanges
Pte Ltd
Associated Documentation:
http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=28154
- Link to submission on http://www.eteligis.com
Indo Global Exchanges Pte (PK) (USOTC:IGEX)
Historical Stock Chart
From Jun 2024 to Jul 2024
Indo Global Exchanges Pte (PK) (USOTC:IGEX)
Historical Stock Chart
From Jul 2023 to Jul 2024