NEW YORK – September 14, 2022 – Clear Street, a fintech building better access to capital markets, today announced that it has significantly bolstered its institutional sales roster, adding six senior sales traders in New York and Chicago and two equity finance professionals in New York.
The six senior sales traders will be reporting to Joseph Ricciardi, Head of U.S. Sales and Trading, who oversees Clear Street’s U.S. Equities, Sales, and Trading desk. Ricciardi joined Clear Street in June 2019, after more than two decades at Knight Capital and KCG, most recently serving as the firm’s Head of Cash Trading. Since his start in 2019, Ricciardi has grown the Sales & Trading team to more than 20 experienced members.
Clear Street expanded its institutional sales team with the following industry experts:
“This expansion represents the next step in establishing Clear Street as a perennial force in the institutional equity arena,” said Ricciardi. “These new hires bring an enormous amount of credibility and knowledge to our already diverse sales team. Erika will be the first of an expanded team in Chicago. This growing footprint, along with our existing office in Dallas, establishes our presence in major regions in the U.S. We look forward to broadening our reach to clients here in the U.S. and internationally, with the goal of doubling the size of our sales force in the next 12 to 18 months.”
Clear Street has also expanded its equity finance team with the addition of two experienced experts, who will report to Pat Travers, Head of Distribution and Andy Volz, Chief Operating Officer.
Clear Street recently announced the completion of its $165 million Series B round, accelerating the launch of its platform as well as helping the firm to continue growing its team and resources and forming new partnerships. Clear Street is composed of top talent from some of the most competitive companies on Wall Street and in Silicon Valley, and processes an average of $3 billion in trades every day, all on a cloud-native platform.