About IKM Investors

IKM is a proprietary trading company, specializing in arbitrage and market- neutral trading, and not doing any client trading. The firm is a trading member of National Stock Exchange and Multi Commodity Exchange. IKM is a well-established firm that specializes in market-neutral proprietary trading. The thrust area of the firm is to look for arbitrage opportunities in the Indian capital and derivative markets. At IKM, we team-up bright, talented and experienced traders with our cutting-edge Research, IT, and Risk Management departments, resulting in a dynamic and exciting, yet safe, approach towards trading.

Though the general perception is that opportunity and risk go hand in hand, we, at IKM, believe in looking for opportunities that come with little or no risk. The firm has a constant focus on research, and has developed, both, Quantitative strategies based on mathematical and computational models, as also Qualitative strategies based on market analysis by human experts. Our membership of all major Indian equity, currency and commodity exchanges ensures direct access with the lowest transaction costs. At the same time, our commitment to technology, exemplified by our high-end, exchange co-located servers, and state of the art networks, ensure utmost speed and reliability in our orders and trades.

IKM is privately owned, and is a well-capitalized and financially sound group. We have been in the business for the last 50 years, and have weathered the ups and downs of the market. Our traders exclusively manage the company’s capital, seeking reasonable but safe returns, while at the same time successfully promoting liquidity on India’s prominent exchanges. Our success is the result of our market interest and experience, scientific pricing and risk management skills, as also our innovative use of technology. IKM drives its growth by building strong local relationships, recruiting the brightest talent, and identifying and capturing opportunities ahead of the market.


The IKM group was founded in 1961 by late Mr. Inder Krishen Malik, and evolved into a leading broking and financing company over time. With the commencement of derivatives trading in 2001, the groups attention shifted toward arbitrage and trading. Presently, IKM is focused exclusively on market-neutral proprietary trading, and is managed by its two key directors:

Mr. Rahul Malik


Mr. Rahul Malik is an MBA from York University, Canada (where he was on the coveted Deans honour roll) and a Certified Management Accountant. Mr. Malik has over 40 years’ experience in the securities industry, in India and abroad. He has held directorship and committee member positions on various stock exchanges, including being a member of the NSE Executive Committee in 1999-2000. He is presently a co-opted member of the Executive Committee of the Association of National Exchange Members of India (ANMI)-NR. Prior to IKM, Mr. Malik has had a 4-year stint with Merrill Lynch in their Toronto office.

Mr. Pramod Jain


Mr. Pramod Jain is a Fellow Member of The Institute of Chartered Accountants of India, and a Cost Accountant (CWA). He holds the distinction of being a college topper for three consecutive years while doing his B. Com. (Honours) from Delhi University. Mr. Jain has 30 years’ experience in the securities industry, and prior to which he was a practicing Chartered Accountant.