Clear Street Launches Rebrand of CenterPoint Securities and Provides Active Trading Division Update
By Dominic Sow · 11 October 2024
Clear Street (“Clear Street”, “the Company”) a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced today the rebranding of CenterPoint Securities, the award-winning provider of products and services for the active and professional trader. Clear Street acquired CenterPoint in 2020.
Customers benefit from Clear Street’s constant ability to innovate, customize and deliver world-class trading technologies, harnessing the firm’s institutional knowledge led by the best teams on the street. In tandem with the rebrand, Clear Street Active Trading is rolling out three new tools and services for the active trader:
- Studio: The in-house, all-in-one portfolio management platform that enables clients transparent access to risk and margin, exposures, PnL and analytics reports instantly. Studio also gives both large and small clients access to an Execution Management System, Order Management System, Portfolio Management System and Research Management System to help build their businesses.
- Application Programming Interface (API): Customers use Clear Street's robust, fully automated REST API to programmatically access equity markets, making it ideal for algorithmic and quantitative trading strategies.
- Virtual Trading Floor (VTF): Clear Street has contracted with financial publishing company T3 Live to bring their VTF to Clear Street Active Trading clients. Clear Street will cover associated costs on behalf of Active Trading clients. The VTF’s fast-paced trading rooms provide a highly engaged trading experience for Clear Street clients and are specifically designed for experienced, professional traders, prop groups and emerging funds that follow the market intently each day.
Companies in this story: Clear Street
People in this story: Sean Hendelman