iS Prime co-founders Raj Sitlani and Jonathan Brewer exit the business
Recently rebranded iSAM Securities (formerly ISAM Capital Markets) has announced that co-heads of its liquidity and Prime-of Prime iS Prime business, Raj Sitlani and Jonathan Brewer, have left the company.
Raj (pictured top left) and Jonathan (top right) co-founded iS Prime in 2014 together with systematic hedge fund manager, iSAM, growing it into one of the world’s most successful foreign exchange brokerage companies.
Raj Sitlani, who was Managing Director of iSAM Securities, commented,
“Jonathan and I achieved what we set out to do – to create an outstanding, highly professional, technology driven company – and we are very proud of what we have achieved. We would like to thank iSAM, our employees and our clients for their incredible support and loyalty over the last eight years.”
Jonathan Brewer, who was also Commercial Director of iSAM Securities added,
“Both Raj and I are ready to focus on the next chapters in our lives. The time is right for the very talented team at iSAM to take the business forwards, and we wish them all every success.”
Roy Sher, Managing Director, iSAM added,
“Raj & Jonathan have been instrumental in growing the business and building the team which is now over 50 people. For our clients and teams at iS Prime, iS Risk and iS Prime Hong Kong, it is business as usual. We will be increasing our investment in our technology and staff, putting our clients first as we drive the business forwards to maintain our market leadership position.”
iS Prime Limited, part of iSAM Securities, is regulated by the FCA and offers full service brokerage and execution via its cutting edge proprietary technology. iS Prime Limited provides aggregated pricing sourced primarily from Tier One institutions, settled through the group’s bank Prime Brokers. iSAM Securities also includes iS Prime Hong Kong Limited (regulated by the SFC) and risk management specialist, iS Risk.