TEN YEARS SERVICES AGREEMENT WITH KINA SECURITIES LTD.
International Global Exchange (IGEX) Announces Services Agreement With KINA Securities LTD
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HERE IS THE DETAILS TERM OF THE AGREEMENT.
8K FILED WITH SEC AND ALSO STATED ON THEIR 10-Q.
IGEX and Kina will receive commissions for each trade conducted by a client, which total commission amounts shall be determined by Kina. For trades under AUD 8,500, the exchange and settlement fee amount is AUD 18.00. For trades over AUD 8,501, the exchange and settlement fee amount is AUD 12.00 plus 0.07% of the trade value. IGEX will receive 30% of the overall commission fees while Kina will receive 70% of the overall commission fees.