Clear Street
Clear Street is a cloud-native platform that offers comprehensive clearing and custody solutions, prime financing, and capital introduction services to transform capital markets. Launched in 2019, it processes $10 billion in trades daily and employs over 390 people globally.
Services
Clear Street offers a range of services aimed at transforming capital markets through its cloud-native platform. The company provides clearing and custody solutions for market participants without limitations on firm size, return profile, or strategy. Clear Street also features high- and low-touch execution capabilities while prioritizing operational excellence. Prime financing is available through their proprietary securities lending and funding platforms. Additionally, the company provides capital introduction services with access to an extensive allocator network, and corporate access services focused on strategic meeting allocations and full lifecycle event support.
History
Clear Street launched its platform in 2019 with a vision to modernize the capital markets' infrastructure. Since then, the company has grown significantly and now processes $10 billion in trades daily. With over 390 employees worldwide, Clear Street has continuously improved its platform, making around 6,000 updates each year to refine processes and enhance speed. Their advanced cloud-based technology allows them to onboard institutional clients in approximately 14 days.
Sector
Clear Street operates in the financial services and capital markets sector. The company focuses on delivering modernized clearing, execution, and custody solutions for a wide array of market participants. Their integration with central clearing houses and exchanges ensures a seamless operation across the entire capital markets infrastructure. Additionally, Clear Street's membership with FINRA, SIPC, and registration with the CFTC, and NFA reflect its regulatory commitment.
Headquarters
Clear Street is headquartered at 4 World Trade Center, 150 Greenwich St Floor 45, New York, NY 10007. This prime location in New York City underscores the company's presence at the heart of the global financial hub. The headquarters serves as the central operation point for the company's vast array of services and extensive workforce.
CenterPoint Division
Clear Street operates a division called CenterPoint, which offers a suite of tools and services specifically designed for active traders. CenterPoint aims to support traders by providing efficient tools and resources that enhance trading activities. This division aligns with Clear Street's broader goal of providing cutting-edge solutions to meet the diverse needs of market participants.