Clear Street

Clear Street is a modern financial technology company that aims to revolutionize the infrastructure of capital markets. Founded in 2019, Clear Street addresses the challenges posed by outdated technology in complex trading environments. The company provides a single, unified platform that allows customers to trade a wide range of financial products, including equities and options, across all major markets.

Clear Street primarily serves sophisticated traders, ranging from individual investors to large institutions. Their core offering is prime brokerage services, which include trade execution, financing, clearing, and custody. This means they help clients buy and sell securities, provide loans to facilitate trading, ensure trades are settled correctly, and safeguard clients' assets.

The company operates in the financial services market, specifically focusing on capital markets infrastructure. Their business model is built around providing a cloud-based, API-first platform. This means their technology is hosted online, making it scalable and flexible, and it can be easily integrated with other software systems through well-documented APIs (Application Programming Interfaces). This setup allows clients to spend less time on technical setup and more time on trading.

Clear Street generates revenue through various channels, including execution fees, financing charges, and securities lending. They offer competitive and flexible pricing to attract a diverse range of clients. With a strong and growing capital base, the company facilitates efficient trading and provides easy access to financing and securities lending.

As of the end of 2020, Clear Street had over $200 million in capital and was handling trades worth $1 billion daily. The company employs around 200 people worldwide and continues to expand rapidly.

Keywords: financial technology, capital markets, prime brokerage, equities, options, cloud-based, API-first, scalable, securities lending, trade execution.