Enhance your Portfolio with Quant-Driven Global Macro

Institutional-grade access to proprietary quantitative models specialized in global currency markets

Who We Are


IXM Capital Management is an investment firm specialized in quantitative models focused on the Global Currency (FX) markets.

  • Our Cardinal System is built on proprietary research, statistical modeling, and rigorous risk management.

  • It is engineered to deliver consistent, risk-adjusted returns with low correlation to traditional asset classes. Designed as both a standalone investment and a portfolio diversifier, IXM provides institutional-quality FX exposure through a fully transparent and compliant structure.

$100K+ Assets Under Management

9+ months since inception

The Cardinal System


The Cardinal System is an alternative investment solution for investor portfolios. Designed to find price inefficiencies in the Global Currency Markets, the system seeks to provide a hedge against traditional investments.

Data-driven investment strategies delivering consistent, risk-adjusted returns (net of costs and fees).

Live since February 2025, with over 20+ years of historical data

  1. Performance: Built for strong risk adjusted performance.

  2. Diversification: A diversifier during volatility (2008, 2020)

  3. Statistical: Historically outperforms global macro

  4. Quantitative Edge: Institutional-grade research

Historical Equity Curve (in Millions)

Average Annualized Return

Our Team


Israar Kamal | Co-Founder & Managing Partner

BASc. in Science - Specialization in Research Design & Statistical Methods

Israar Kamal graduated from the University of Ottawa with the highest academic distinction. While excelling academically, he remained deeply committed to his true passion, analyzing and understanding the intricacies of global financial markets. He helped develop the firm’s proprietary strategies, constructed and validated the Cardinal System, and created the IXM Framework, a disciplined research and execution model designed to ensure strategy robustness, risk control, and cross-system alignment. His work reflects a rare blend of academic excellence and applied quantitative finance, laying the foundation for IXM’s institutional-grade investment process.

Mabroor Kamal | Co-Founder & Managing Partner

BASc. in Computer Engineering and Entrepreneurial Management

Mabroor Kamal is a graduate of the University of Ottawa with a Bachelor’s degree in Computer Engineering and Entrepreneurial Management. He has applied his passion for quantitative modeling, statistical analysis, and algorithmic risk systems to develop the flagship Cardinal System—a fully automated Quantitative algorithm designed to deliver consistent, risk-adjusted returns. With over a decade of experience in model development, live trading systems, and portfolio design, Mabroor brings a disciplined, data-driven approach to an emerging field in investing.

Contact Us

This website is intended solely for information purposes and is directed only to Accredited Investors, as defined under applicable securities laws. Nothing on this site constitutes an offer to sell or a solicitation to buy any securities. Investments are offered only through appropriate legal documentation and regulatory exemptions.


For questions or general inquiries, please contact us directly.

Email
israar@ixmcapital.com

mabroor@ixmcapital.com

Office
2482 Yonge Street | Suite 1274 | Toronto, ON | M4P 2H5

Phone
(647)-410-5046