Clear Street

Clear Street is a U.S. financial technology and brokerage firm that describes itself as modernizing the brokerage ecosystem. Founded in 2018 and headquartered in New York, the company positions itself as a replacement for the legacy infrastructure that has underpinned capital markets since the 1970s. Its cloud-native platform is designed to deliver real-time transparency, cross-asset flexibility and scale for sophisticated market participants. The firm serves a client base that spans individual professional traders, family offices, hedge funds, ETF issuers, broker-dealers and market makers. Its services include clearing, financing, execution and trading, investment banking and active trading. Clear Street supports a broad set of asset classes, including equities, options, futures, fixed income, foreign exchange, swaps, commodities, U.S. Treasury repo and U.S. MBS repo, with digital assets listed as coming soon. According to its official website, Clear Street has more than 800 employees worldwide, handles roughly 550 million shares per day and about $28.4 billion in notional value per day, and has achieved 94% year-over-year transacted growth. The company reports approximately $1.0 billion in capital raised, around $16 billion in customer balances and roughly 700 institutional clients. These figures are company-reported and reflect the scale it has reached as a challenger to incumbent prime brokers and clearing firms. Clear Street is led by an executive team with deep industry experience. Uriel Cohen serves as Chief Executive Officer, Steve Bisgay as Chief Financial Officer, Andy Volz as Chief Commercial Officer, Jon Daplyn as Chief Operating Officer and Michael Stover as Head of Human Resources. The company emphasizes a client-first culture, with leadership stating that every decision is based on how well it serves client needs. As a private company, Clear Street has raised substantial capital to fund its technology build-out and expansion. It competes in the prime brokerage, clearing and capital markets infrastructure space, where it seeks to differentiate through modern, real-time, cloud-native technology rather than layered legacy systems. Its brand promise centers on speed, transparency and scale for sophisticated investors.

Clear Street was founded in 2018 with the goal of rebuilding the infrastructure that powers capital markets. Its founders and leadership team had direct experience with the challenges of outdated technology in the financial industry, and they set out to create a cloud-native alternative to the legacy systems that have been in place since the 1970s. The company is headquartered in New York and operates as a private financial technology and brokerage firm. From its early years, Clear Street focused on providing clearing, custody, financing and multi-asset trading to sophisticated market participants. It built a real-time, cloud-native platform intended to minimize risk and facilitate growth for clients, in contrast to the layered, decades-old systems used by many incumbents. The firm expanded its client base to include traders, family offices, hedge funds, ETF issuers, broker-dealers and market makers. As of its official website disclosures, Clear Street has grown to more than 800 employees worldwide. It reports handling approximately 550 million shares per day and about $28.4 billion in notional value per day, with 94% year-over-year transacted growth. The company has raised approximately $1.0 billion in capital, holds around $16 billion in customer balances and serves roughly 700 institutional clients. These metrics illustrate its emergence as a significant challenger in the prime brokerage and clearing space. Clear Street's service offering has expanded to include investment banking and active trading, alongside its core clearing and financing businesses. It supports a wide range of asset classes, including equities, options, futures, fixed income, foreign exchange, swaps, commodities, U.S. Treasury repo and U.S. MBS repo, with digital assets planned. The company also offers Clear Street Studio™ and a Research Portal as part of its platform ecosystem. The firm is led by CEO Uriel Cohen, CFO Steve Bisgay, CCO Andy Volz, COO Jon Daplyn and HR head Michael Stover. Leadership has emphasized a client-first approach, with executives stating that every decision is based on how well it serves client needs and that they have completely reimagined how capital markets infrastructure should work. Clear Street continues to position itself as a modernizing force in the brokerage ecosystem, competing with established financial institutions on the strength of its technology.

• 2018

  Clear Street founded in New York.

• Launched cloud-native clearing, custody, financing and multi-asset trading platform.

• Reached 800+ employees worldwide.

• Reported ~550 million shares per day and ~$28.4 billion notional per day.

• Raised approximately $1.0 billion in capital.

• Reached ~700 institutional clients and ~$16 billion in customer balances.

Modern, cloud-native infrastructure for sophisticated investors, replacing legacy capital markets systems with speed, transparency and scale.

• Clearing

  Real-time, cross-asset clearing infrastructure for sophisticated market participants.

• Financing

  Integrated cash and synthetic financing solutions with institutional-grade leverage.

• Execution & Trading

  Multi-asset execution and trading with speed, precision and reach.

• Investment Banking

  Investment banking services for corporate and institutional clients.

• Active Trading

  Trading platform for active traders and sophisticated individuals.

• Clear Street Studio™

  Platform offering for clients.

• Research Portal

  Research access for clients.

1. 1Clear Street — Speed, Transparency and Scale for Sophisticated Investors.™clearstreet.io
2. 2About | Clear Streetclearstreet.io
3. 3Clients | Clear Streetclearstreet.io
4. 4Services Overview | Clear Streetclearstreet.io
5. 5Clear Street — Wikidatawikidata.org