iSAM Securities (UK) Limited, the UK entity of multi-billion dollar hedge fund iSAM Group’s trading division, iSAM Securities, has submitted its 2023 financial results, reporting a turnover of £31.6m for y/e June 2023 (£35.0m 2022) in a slightly subdued trading environment for the UK entity of the group.
Sam Johnson, Managing Director of iSAM Securities said,
“2023 saw significant strides forward in our offering, part of a multi-million dollar investment program in personnel and infrastructure.
“It is an exciting time here at iSAM Securities, as much of our planning and preparation is due to bear fruit in 2024. Our liquidity provision business is set to see a major shift as we realise long held ambition to globalise our client centric business and unlock a much greater client base for iSAM Securities.
“Added to this, we will see significant increases in our product set, having listened to our clients’ needs and delivered on those solutions. When combined with the launch of our ground-breaking risk share model, Parallax – itself a significant upgrade to the traditional methodology in terms of transparency and integrity – we’ll be able to meet our clients’ needs on every level.
“In concert with the liquidity updates, we will also see our technology offering reap the rewards of a, multi-year investment program as we see our APEX liquidity bridge benefit from major upgrades and to which we will add RADAR, our retail brokerage focused analytics suite. When combined with a synergistic approach to pricing for those services, it will make for a powerful and compelling solution for our client base.”
About iSAM Securities
iSAM Securities, regulated by the FCA, SFC, CFTC and Registered Person with CIMA, is a leading algorithmic trading firm and trusted liquidity, technology and prime services partner to institutional clients and trading venues globally. The firm offers full-service prime brokerage and execution via its cutting-edge proprietary technology, as well as market leading analytics, cleared through the group’s bank Prime Brokers. For further information, please visit, isam-securities.com.
The iSAM Securities brand includes entities iSAM Securities (UK) Limited, iSAM Securities (HK) Limited, iSAM Securities (Global) Limited, iSAM Securities (USA) Inc., and iSAM Securities Limited.
