It is possible that because there is no revenue sharing with the channel partners except for Barclays and Avoda that there has not been enough for channel partners to push the new KYC method. Is it possible that ISX is just waiting them out until the legislation go live date when they will be required to transact as per the legislation. I don't know.
They do say they were reviewing their channel vs direct sales strategy.
We haven't heard anything more on this though.
ISX Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held