ISAM Capital Markets, through its subsidiary, IS Prime Australia, is expanding its APAC agency execution business with the hires of Angus Malone and Cal Portway in Sydney.
Prior to joining IS Prime Australia, Malone and Portway were joint managing partners at VIA FX, an independent Sydney-based voice and e-FX agency.
Malone also has 15 years’ experience working at Macquarie Bank in a variety of sales and trading roles in Sydney, New York and London, most recently serving as director and global head of interbank sales.
Portway has over 20 years’ experience in the financial markets, predominantly focused on FX and emerging currencies across the APAC region. In 1995 he joined RBC as vice president, FX trading, and spent nine years at the bank before leaving to be an FX trader at TD. Then in 2009 he was appointed as the director of FX spot trading at CIBC HK, where he stayed for over three years before trading at SEB and Scotiabank.
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.”
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.”