JAKARTA, Indonesia, Dec. 17, 2015 (GLOBE NEWSWIRE) -- Indo Global Exchange Pte., LTD (OTC Pink:IGEX) (the "Company") or (“IGEX”), a growing provider of online global markets and trading platforms for securities and commodities, announced today that its total volume traded for the first two weeks of December 2015 exceeded the previous two months total volume combined. CEO, John O'Shea said: "We knew we were off to a great start for December when the first week of the month exceeded our $58,967,576.00 record monthly volume we achieved between October 31, 2015 and November 30. 2015, which was a 501% increase from October 2015.” Mr. O’Shea continued, “In our December 4, 2015 press release we announced that every $1,000,000.00 in monthly volume would be worth 10 times as much in revenue. To be ahead of this pace validates our business model and moves us well into the revenue generation cycle of our plan.”
IGEX will be providing additional information in the coming weeks regarding trading volume, new registrations, funded accounts, and new client funds. As previously stated, these results will be part of our quarterly financials for the period ending December 31, 2015. IGEX plans to continue to add strategic partners, as well as continuing to work with our existing partners. As we acquire new clients and funds under management, our trading volume should continue to increase.
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Indo Global Exchange (IGEX) is at the forefront of the emerging financial markets service sector, partnering with noteworthy licensed suppliers of sophisticated global trading platform and trading strategies known as IGEX SuperTrader. 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.
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 President and CEO Menara Standard Chartered Jl. Prof. Dr. Satrio 30th Floor Jakarta KAV 146 Indonesia
Source:Indo Global Exchange Pte., LTD