London based Prime of Prime brokerage ISPrime continues to expand as TD and Credit Suisse executive Adam Walczak joins the company

After senior executive positions at TD and Credit Suisse, Adam Walczak joins ISPrime in London this week


London’s prime of prime brokerage sector is continuing to go from strength to strength as 2016 consistently marks itself out as the year of the non-bank institutional FX industry.

ISPrime is a poignant example, the firm having been established in 2014 catering exclusively to a large spectrum of institutional investors, backed by Lord Stanley Fink’s ISAM investment an asset management company and led by institutional FX experts Jonathan Brewer and Raj Sitlani.

Adam Walczak

Since its establishment, the firm has embarked on a substantial growth period, appointing senior level executives recently that include former Bloomberg sales executive Robert Buxton and ex-CFH Clearing Client Service Representative Zeynap Ertan both joined ISPrime recently, and now have been accompanied by a further senior figure, this time interbank FX senior executive Adam Walczak.

Mr. Walczak joins ISPrime in an eFX Coverage capacity, following three years as Director of Spot FX at Canadian institution TD in London.

Prior to joining TD in 2013, Mr. Walczak was VP of FID Forex and Spot Trading at Credit Suisse, where he was a senior emerging markets dealer trading the Israeli Shekel, based in Canary Wharf, London.

A previous tenure at TD preceded Mr. Walczak’s appointment at Credit Suisse. Between 2006 and 2012, Mr. Walczak spent six years as VP and Director of Spot FX at TD where he was responsible for emerging market and G10 currencies.

At Credit Agricole, Mr. Walczak spent his five year tenure as a Spot FX dealer between 2001 and 2006, where he traded APAC currencies before moving on to emerging market FX.

At the turn of the Millennium, Mr. Walczak was an intern at Citibank’s FX division in London, and spent his gap year as a student at KPMG after graduating from the University of Exeter with a degree in Accountancy and Finance with European Study.

Today, Raj Sitlani, Managing Partner at ISPrime explained to FinanceFeeds “We are very pleased to announce that Adam Walczak has joined the Electronic Trading team at IS Prime. Adam will focus on all aspects of client coverage with a particular focus on our rapidly growing Asia-Pacific client franchise.”

“He joins IS Prime from TD and is a welcome addition to the IS Prime business as we continue to expand our global footprint” concluded Mr. Sitlani.

Read this next


Investors transfers $424 million out of bitcoin funds in six weeks

Despite bitcoin’s decent surge last week, which took the primary cryptocurrency up 70% from the year’s low, digital asset investment products saw outflows for the 6th consecutive week.

Digital Assets

OKX has $9 billion in ‘clean assets’, shows latest proof of reserves

OKX, formerly known as OKEx, has released its fifth proof-of-reserves report amid increasing demand of crypto investors asking for transparency from exchanges they trade with.

Digital Assets

Circle seeks France license to launch Euro stablecoin

Circle, the issuer of the second-largest stablecoin by market capitalization, is seeking to get a dual registration in France as it aims to on-shore its flagship product for the European market – EUROC – a reserve-backed stablecoin.

Digital Assets Among Minority of Successful Companies to Renew Coveted Estonian License has successfully renewed its virtual currency service license from Estonia’s FIU for the third year in a row, despite regulatory changes that have made it harder for virtual asset providers to meet the required standards.

Inside View, Institutional FX

Time for brokers to add options trading as volumes explode on high volatility

“Usually, adding options to the typical CFDs and equities offering leads to fragmentation of the platform technology as many brokers will need additional back-end and front-end components, and that could be an important barrier for them. Apart from that, legal hassle and costs associated with proper licensing of market data could be a barrier at first. We are seeing this trend among market data vendors and exchanges to make it easier and more affordable.”

Metaverse Gaming NFT

GCEX’s DeFi education and prime brokerage offering available in DubaiVerse

“We are excited to be part of the developments of The Sandbox and to join other top players in the region, including our regulator, Dubai’s Virtual Asset Regulatory Authority (VARA), as part of the DubaiVerse. This is a great opportunity to bridge the gap between Web3 early adopters and GCEX clients, building a community around Web3 and digital assets.”

Digital Assets

Circle wants Fed to back USDC stablecoin after “very serious stress test” with collapse of SVB

The collapse of Silicon Valley Bank allegedly proves Circle’s point that there is a need for its USDC stablecoin to be backed by the U.S. Federal Reserve with its U.S. dollars held at the Fed.

Digital Assets

Google searches for and exploded by 300% amid FTX collapse

“The findings emphasize the importance of staying on top of market trends and being able to pivot strategies quickly and also offer valuable insights into the current state of the market and the behavior of traders, providing investors with valuable information to make informed decisions about their investments.”

Institutional FX

iS Prime reports £35m turnover, £16.2 million pre-tax profits, £37 cash balances

“We have plans in place to evolve the business over the next year, driving further growth for both iS Prime and for our clients.”