Jack Nicosia
About Jack Nicosia
Jack Nicosia is the Managing Director at Clear Street, where he has worked since 2019. He has extensive experience in securities lending, having held previous positions at Penson Financial Services and ICAP, and he holds a Series 24 license.
Work at Clear Street
Jack Nicosia has served as the Managing Director at Clear Street since 2019. In this role, he oversees operations and strategic initiatives within the firm. His leadership contributes to the company's focus on providing innovative solutions in the financial services sector. Nicosia's experience in securities lending and trading supports Clear Street's commitment to servicing clients effectively.
Previous Experience in Securities Lending
Prior to joining Clear Street, Jack Nicosia worked at Penson Financial Services as Vice President of Securities Lending from 2006 to 2010. During his four years there, he gained valuable insights into the securities lending market. Before that, he spent six years at ICAP as a Securities Lending Sales professional from 2000 to 2006, where he developed skills in client relations and market strategies.
Education and Expertise
Jack Nicosia studied at William Paterson University of New Jersey from 1990 to 1993. He holds a Series 24 license, which demonstrates his proficiency in managing and supervising general securities businesses. Nicosia has expertise in developing and implementing short sale locate systems, which are essential for facilitating short selling in the securities market.
Background in Trading Services
Nicosia has a strong background in servicing day traders and active traders. His experience in this area allows him to understand the unique needs of these clients, enabling him to provide tailored solutions. This focus on active trading informs his approach to leadership and strategy within the financial services industry.