Clear Street Analysis: $1.0B Raised
What is Clear Street?
Modern brokerage services for institutional clients
Employees
501-1000
Founded
2018
Industry
Lending
HQ Full Address
150 Greenwich St, New York, New York 10007, United States
Latest Funding Round Size
$1.02B
Website Url
Product Features & Capabilities
- Institutional services
- Professional clearing
- Active trading solutions
- Portfolio management system
- Risk and margin analytics
- Capital introduction
- Investment banking services
How much Clear Street raised
Funding Round - $1.02B
RecentOther Considerations
Raised $1 billion in capital; Serves over 600 institutional clients; 94% year-over-year transaction growth; Recognized for modernizing brokerage infrastructure
Competitors
Clear Street's main competitors in the fintech space include:
1. TD Cowen - Specializes in investment banking, capital markets, equity execution, and research capabilities.
2. BTIG - Provides institutional trading, investment banking, and research services.
3. South Street Securities Holdings - Focuses on providing clearing and settlement services for institutional clients.
1. TD Cowen - Specializes in investment banking, capital markets, equity execution, and research capabilities.
2. BTIG - Provides institutional trading, investment banking, and research services.
3. South Street Securities Holdings - Focuses on providing clearing and settlement services for institutional clients.
Recent News
- 24/6 Trading Capabilities - Clear Street has expanded its equities business by adding 24-hour, 6-day trading capabilities, enhancing its service offerings for institutional clients.
- Technology Leadership Expansion - The company has strengthened its technology leadership by hiring Jon Daplyn as Chief Information Officer and Hari Godbole as Vice President of Engineering.
- UK Launch Approval - Clear Street has received approval from the Financial Conduct Authority (FCA) to formally launch its operations in the UK, marking a significant step in its international expansion. [Read more here](https://www.securitiesfinancetimes.com/securitieslendingnews/industryarticle.php?article_id=227507).
- Expansion of UK Leadership Team - The company has expanded its UK leadership team with key senior hires to enhance its global presence and service offerings. [Read more here](https://finance.yahoo.com/news/clear-street-expands-uk-leadership-133000392.html).
- OCC Cross-Margin Capabilities - Clear Street has launched OCC Cross-Margin capabilities, reflecting its commitment to providing innovative solutions that address client challenges in the financial markets. [Read more here](https://fxnewsgroup.com/forex-news/institutional/clear-street-launches-occ-cross-margin-capabilities/).
