Clear Street Further Builds Institutional Division with Senior Hires in Prime Brokerage Business

Also expands Clear Street’s Corporate and Executive Teams

NEW YORK--(BUSINESS WIRE)--Clear Street (“Clear Street,” “the Company”), a New York-based diversified financial services firm, today announced several recent senior-level hires within its Institutional division, comprised of prime brokerage and professional clearing businesses, further expanding its derivatives, algorithmic and cap intro teams. Clear Street added 160+ new institutional clients to its prime brokerage platform over the past year.

Additions to Clear Street’s Institutional division include:

• Cory Solomon, Managing Director, Derivatives
  A 20-year industry veteran, Solomon has served as Head of Portfolio Finance at Weiss Multi-Strategy Advisors, Meritage Group, and Bank of America.
• Charlie Dietz, Managing Director, Derivatives
  Dietz joins Clear Street after more than 30 years in equity and derivatives trading. Most recently, he was Managing Director, Head of Synthetic Equity Trading at Wells Fargo.
• Wim Shih, Managing Director, Head of Equity Finance Algos and Automation
  Shih brings 18 years of experience as a leader on global prime finance teams and joins Clear Street from TD Securities, where he provided primary global securities lending coverage for hedge funds and internal trading desks.
• George Jamgochian, Managing Director, Head of Capital Introduction
  Jamgochian has 20 years of experience in marketing and capital introduction on the buy-side and sell-side. Prior to joining Clear Street, he was Director, Investor Relations at TIG Advisors and Vice President, Capital Introduction at Goldman Sachs.

Chris Pento, CEO and Co-Founder, Clear Street, said, “We are on a mission to modernize the brokerage ecosystem by replacing the legacy infrastructure used across the capital markets. Today’s announcements illustrate our commitment to further building out our world-class team with senior operatives who have deep industry expertise to drive our next stage of growth.”

The Company also announced recent appointments to its corporate and executive teams, including:

• Ashley DeSimone, Chief Marketing Officer
  DeSimone joins Clear Street as Chief Marketing Officer and brings over 20 years of experience in capital markets communications, investor and public relations, marketing and business development and strategy. She was previously a Partner at ICR, Inc.
• Tom Klein, Global Treasurer
  Klein joins Clear Street from Credit Suisse, where he was Managing Director, Head of Capital and Liquidity Management for global markets. Prior to Credit Suisse, Klein spent 18 years at UBS, most recently as Managing Director, Global Head of Equities Treasury & Trading.

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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