Tagged: clear street

Clear Street Expands its Asset Class Capabilities to Include Fixed-Income Securities

At Clear Street, they’re enabling a technology-first experience for prime brokerage via their  cloud-based platform. In 2019, Clear Street began servicing prime brokerage clients in U.S. equities and options “on their proprietary clearing, settlement, and custody platform.” Since then, Clear Street have reportedly “added execution,… Read More

CenterPoint, the Division of Independent Prime Broker Clear Street, Introduces Products in Canada

CenterPoint, the active trading division of New York-based independent prime broker Clear Street LLC, announced that its products and services are available in Canada through Clear Street Canada Inc. CenterPoint’s products, services, and partnerships “include advanced routing and execution, real-time access to market data feeds,… Read More

Clear Street Names Pair to Leadership Roles

Clear Street, a New York-based independent prime broker, this week appointed Jonathan “Jon” Daplyn as chief information officer and Hari Godbole as managing director and vice president of engineering. The moves are effective immediately. Daplyn leads Clear Street’s 150 technologists and reports to Chris Pento, Clear Street’s co-founder and chief executive officer…. Read More

Prerak Sanghvi, VP of Engineering at Clear Street: Fintech Exec Discusses How API-first Development Is Streamlining Software Apps

  According to Insights Distilled’s recent State of Enterprise Tech report, API-first development is streamlining software, with respondents claiming they are ready to start utilizing APIs at scale, with 43% naming it a top priority for 2023. Additionally, a survey from Insight Partners’ portfolio company… Read More

New York-based Independent Prime Broker Clear Street Announces Expansion into Futures Market

Clear Street, a New York-based independent prime broker, announced that it intends to enter the futures clearing market with the acquisition of React Consulting Services, LLC and its proprietary, cloud-native futures clearing platform, BASIS. BASIS will be integrated “into Clear Street’s existing cloud-native clearing, settlement,… Read More

Clear Street, an Independent, Non-Bank Prime Broker, Appoints Kevin McCarthy as Head of Clearing, Chief Administrative Officer

Clear Street, an independent, non-bank prime broker, has reportedly hired Kevin McCarthy as the firm’s first Chief Administrative Officer and Head of Clearing. McCarthy will “report to Clear Street Co-Founder and CEO Chris Pento and oversee the firm’s clearing services for Market Makers, while increasing… Read More

Clear Street Introduces Proprietary Trading System ATLAS for Securities Lending Market

The Securities Lending market is large — “with more than $2.7 trillion in assets on loan as of 2021 and revenue of $5.45 billion, an increase of 19% year over year,” according to an update shared with CI. Its major function of “facilitating lending and… Read More

Fintech Clear Street Finalizes $165M Series B Round to Improve Access to Capital Markets

Clear Street, a Fintech building better access to capital markets, announced the completion of a $165 million Series B round “to accelerate launching its platform.” The investment round was led by Prysm Capital, LLC, a growth equity firm that partners with disruptive companies in the… Read More

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