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Clear Street
Clear Street Average Score 2022 Average Score 2021 Average Score last 3 years Global Average Difference with Global Average Capital Introductions 5.21 N / A N / A 5.38 -0.17 Client Services 6.58 N / A N / A 6.14 0.44 Consulting N / A N / A N / A 5.91 N / A Operations 5.84 N / A N / A 6.00 -0.16 Technology 5.70 N / A N / A 5.79 -0.09 Risk Management 6.42 N / A N / A 5.88 0.54 Asset Safety 6.00 N / A N / A 6.15 -0.15 Trading and Execution 6.58 N / A N / A 6.19 0.39 Financing 6.50 N / A N / A 5.81 0.69 Stock Borrowing and Lending 6.85 N / A N / A 5.93 0.92 Foreign Exchange Prime Brokerage N / A N / A N / A 6.04 N / A Fixed Income 5.36 N / A N / A 6.00 -0.64 OTC Clearing 6.63 N / A N / A 5.92 0.71 Listed Derivatives 6.42 N / A N / A 6.07 0.35 Average 6.17 N / A N / A 5.94 0.23
Clear Street makes its debut in the Prime
Brokerage Survey this year with a strong set of results . Some 62 % of its response pool have rated it excellent overall . Particularly impressive is the 6.85 recorded for Stock Borrowing and Lending . Clear Street established a principal securities lending business in 2019 to facilitate borrowing and lending activity for its prime broker clients , as well as to provide liquidity to the broader market . “ Clear Street ’ s diverse sources of supply , hard-to-borrow coverage , access to special situations , margin financing , margin / collateral optimisation , and leading market insight have made it a strong player in the market in just a few years ,” the firm comments . “ Clear Street combines advanced technology with a full-service client offering . Our team pod structure is designed to optimise the client service experience by merging our talented relationship teams ( client service , sales , risk management , stock loan , trading ) with operations and tech expertise , ensuring rapid and effective responses to our clients . The Clear Street client service team has an average of 24 years ’ experience .” This is backed up by one US manager , who notes : “ The stock loan team at Clear Street is packed with the most experienced people in the stock loan industry . They give an incredible amount of colour and ensure complete transparency on pricing , and supply and demand . They are wonderful to work with and have been able to help us get access to many hard-to-borrow names .”
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