Clear Street Pledges $1 Million to Traders4ACause

Donation to support and expand Traders4ACause’s national reach

NEW YORK – June 28, 2022 – Clear Street, a fintech building better access to capital markets, along with its subsidiary Centerpoint Securities, which offers premium tools and services for active traders, today announced that it has pledged to donate $1 million over the next five years to Traders4ACause, a registered non-profit organization dedicated to helping hand-selected charities.

Traders4ACause was co-founded in 2014 by Nate Michaud, founder of Investors Underground, and Scott Herman, Clear Street Board Adviser and co-founder of CenterPoint Securities. The charity’s mission is to promote a culture of caring and altruism within the trading community by educating, motivating and inspiring traders to make a difference through support for worthy causes.

“Clear Street is pleased to support Traders4ACause in their goal to advance community growth, fundraising, and education among traders,” said Chris Pento, Co-Founder and Chief Executive Officer at Clear Street. “Our missions are closely aligned, as they seek to energize, educate, and enable traders to succeed, and in turn, give back to the community.”

To date, Traders4ACause has raised more than $2 million for several charitable organizations, including The Life You Can Save, Breast Cancer Research Foundation, Pediatric Cancer Research Foundation, and Three Square. Traders4ACause produces events for networking and education, and 100% of the donations made from its events go directly to targeted charitable causes. The group’s marquee event is the annual T4AC conference in Las Vegas, which draws hundreds of in-person active traders and thousands of virtual participants.

“Trader4ACause is grateful to partner with Clear Street to grow our presence in the trading community and continue to make a positive impact on the world” said Zach Schellhaas, Executive Director of Traders4ACause. “This donation will help expand Traders4ACause’s reach and connect with new partners, charities, and trading professionals."

In May 2022, Clear Street announced the completion of its $165 million Series B round, fueling its future products offerings, which will expand across geographics and asset classes and be available to all market participants, including fintechs, market makers, and professional traders. The company remains well-positioned for long-term growth and is committed to supporting its diverse client base with the services and tools they need to compete in today’s markets.