The TRADE speaks to Andy Volz, chief operating officer and head of sales at Clear Street, about shifting prime brokerage demands, challenges associated with multi-asset platforms and how best to tackle legacy infrastructure.
The past week saw appointments from Barclays and Clear Street, alongside a departure from Liquidnet.
The prime broker has appointed four new industry experts from JonesTrading, Bridgeway Capital Partners and EF Hutton to lead the new division.
With the US confirming its shift to T+1 settlement in 2024, Wesley Bray looks at the impact this will have globally, whether or not the UK and EU should follow suit and how trading desks will be impacted by the move.
Increasing Series B to $435 million, second tranche will support geographic expansion and improved access for market participants.
The past week saw appointments from Deutsche Bank, Mizuho Americas, Redburn, Clear Street, Stifel Financial and Tradefeedr.
Among the new appointments are experts from Virtu Financial, Cantor Fitzgerald and Lek Securities.
Incoming managing director brings 14 years’ worth of prime brokerage and hedge fund experience to Clear Street, having previously served at Cowen, Global Prime Partners and BNP Paribas.