iSAM Securities, an algorithmic trading firm, has partnered with PrimeXM as part of its broader expansion plan in the Asia-Pacific (APAC) market. PrimeXM is a technology provider in the financial sector offering services such as MT4 and MT5 bridging and white-label solutions.

Enhancing Trading with PrimeXM

By leveraging Prime XM's infrastructure, iSAM Securities highlighted that this partnership aims to enhance the firm’s trading capabilities and cater to the evolving needs of its clientele. The company has integrated its proprietary FX pricing solution into PrimeXM's SGP XCore platform. This collaboration will enable the company to establish a new connection hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term in Singapore.

Sam Johnson, the Managing Director at iSAM Securities, said: “We are thrilled to partner with Prime XM and continue to expand our footprint in Asia. This integration not only enhances our trading capabilities but also reinforces our commitment to providing clients with cutting-edge solutions tailored to their needs.”

iSAM Securities' APAC Expansion Through PrimeXM Partnership and Singapore XCore Integration -
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Strategic Positioning in APAC

By combining the importance of Singapore as a global financial landscape and iSAM Securities’ presence in Hong Kong, the partnership with PrimeXM positions the firm to meet the growing demand for trading services in the region.

In February, iSAM Securities made a significant addition to its team by appointing Aaron Brown to Sales Director. With over two decades of sales experience, Brown's expertise is expected to drive iSAM Securities' global presence forward.

Brown's extensive career journey spans various notable institutions within the financial sector. His most recent position was Head of Institutional Sales MENA at IXO Prime, a liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider brand under INFINOX Global.

Meanwhile, iSAM Securities UK, the UK division of iSAM Group's trading arm, experienced a drop of 11% in revenue for the fiscal year ending June 2023. Despite the decline, which the company attributed to a subdued trading environment, the company highlighted an investment program expected to yield significant expansion opportunities in 2024.

Responding to evolving client needs, iSAM Securities UK aims to introduce tailored solutions to enhance its offerings and cater to a broader client base.