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 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.”

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 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.