The New Standard in Market Access
The technical infrastructure that funds use to trade in markets around the world is outdated. It’s so outdated that it complicates market access and constricts growth.
At Clear Street, our goal is to create a new standard in market access. We are building the next generation of market infrastructure that simplifies market access and expands growth opportunities.
Today, most funds get market access through a specialized type of broker called a prime broker, typically a large, multi-national bank.
The problem is that banks process trades using systems that are up to 50 years old. They were built for what we needed them to do in the 1970s and ’80s, not what we need them to do today.
Banks update these systems where they can, layer on new technology, and paper over the gaps with manual processes.