14 May 2019 – ISAM Capital Markets, the parent company of IS Prime, is expanding its Agency Execution business and bolstering its team in Sydney through the appointment of two senior financial markets professionals, Angus Malone and Cal Portway.
Angus Malone has 15 years’ experience at Macquarie Bank, progressing from trainee dealer through to Director and Global Head of Interbank Sales. During his career at Macquarie he worked in a variety of sales and trading roles in Sydney, New York and London.
Cal Portway has over 20 years’ experience in the financial markets, predominantly focused on FX and emerging currencies across the APAC region. He has been employed by a range of institutions including RBC Sydney, TD Singapore, SEB Singapore and CIBC HK, where he was Director of FX Spot Trading.
Prior to joining IS Prime Australia, Angus Malone and Cal Portway were joint Managing Partners at VIA FX, an independent Sydney-based Voice and e-FX Agency. They are ideally place to drive IS Prime’s agency execution business forward across the APAC region.
Raj Sitlani, Managing Director, ISAM Capital Markets, comments, “IS Prime has significant market share in Australia through our Prime of Prime business and we partner with many of the largest brokers in the region. The addition of Angus and Cal to our Sydney-based team enables us to extend our agency offering across the APAC region to provide liquidity and execution to banking and hedge fund clients.
“This is a major development for the organisation and we are very excited about the potential growth opportunities for the firm. Angus and Cal’s considerable experience will help IS Prime to maximise these opportunities.”
Cal Portway adds, “IS Prime is a leading Liquidity Provider, Prime of Prime and agency execution business. Angus and I are excited to have joined IS Prime Australia and we look forward to playing a key role in the further expansion of their business.. Our agency execution experience and relationships combined with IS Prime’s technology and unique liquidity give us a strong platform to deliver bespoke pricing, high quality execution and exceptional service to clients in the region.”
IS Prime’s Agency Execution service leverages the Prime of Prime’s strong relationships with top tier banks. It provides mid-tier and smaller banks, hedge funds and voice traders with a deep, anonymous, customised liquidity solution with competitively priced liquidity from the major market making banks, non-bank LPs and selected ECNs.
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