NEW YORK–(BUSINESS WIRE)–Clear Street, a New York-based diversified financial services firm, has appointed Sean Hendelman as Chief Executive Officer of its Active trading division, effective immediately. Hendelman’s experience building a global trading platform with equities, options, futures and algorithmic offerings will support Clear Street’s further expansion in the roughly $10 billion active trading market.
Chris Pento, CEO and Co-Founder of Clear Street, said, “This is exciting news for all of us at Clear Street. As we grow our business across the Institutional and Active client segments – Sean’s 20 plus year track record building a global trading platform makes him the right executive to capitalize on this important addressable market, where we intend to build an even more formidable presence in addition to our well-known CenterPoint brand.”
Hendelman said, “Clear Street and the CenterPoint team have built a powerful product that gives active traders access to state-of-the-art trading tools powered by Clear Street’s proprietary, cloud-native prime brokerage platform. I’m looking forward to building on that success and delivering Clear Street’s technology, stability and white-glove customer service to the growing active trading markets.”
Hendelman has 25 years of capital markets experience and founded T3, which provides trading, training and technology to professional traders and is a premier, robust destination for traders to maximize their performance in today’s active trading markets. Additionally, Hendelman co-founded and serves on the board of the social investing platform public.com.
About Clear Street
Clear Street is modernizing the brokerage ecosystem. Founded in 2018, Clear Street is a diversified financial services firm replacing the legacy infrastructure used across capital markets. The firm started from scratch by building a completely cloud-native clearing and custody system designed for today’s complex, global market. Clear Street’s proprietary platform adds significant efficiency to the market while focusing on minimizing risk, redundancy, and cost for clients. Clear Street’s goal is to create a single platform for every asset class, in every country, and in any currency.
For more information, visit https://clearstreet.io.
