Clear Street Appoints Sean Hendelman to Lead Active Division
May 14 2024 - 8:00AM
Business Wire
Co-Founder of T3 and public.com will spearhead
Clear Street’s growth in the active and retail trading business
Clear Street (“Clear Street,” “the Company”), a New York-based
diversified financial services firm, has appointed Sean Hendelman
as Chief Executive Officer (“CEO”) 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.
Clear Street does not provide investment, legal, regulatory,
tax, or compliance advice. Consult professionals in these fields to
address your specific circumstances. These materials are: (i)
solely an overview of Clear Street’s products and services; (ii)
provided for informational purposes only; and (iii) subject to
change without notice or obligation to replace any information
contained therein.
Products and services are offered by Clear Street LLC as a
Broker Dealer member FINRA and SIPC and a Futures Commission
Merchant registered with the CFTC and member of NFA. Additional
information about Clear Street is available on FINRA BrokerCheck,
including its Customer Relationship Summary and NFA BASIC | NFA
(futures.org).
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Street and the Shield Logo are Registered Trademarks of Clear
Street LLC
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