Malcolm Pratt leads execution at Clear Street

Malcolm Pratt has joined electronic brokerage Clear Street as managing director for execution services.

He is based in London, where Clear Street has been active since the end of 2024.

Commenting on receiving FCA approval in December 2024, Ed Tilly, president and CEO-elect, stated: “The UK is a critical market for us as a financial hub worldwide and a gateway to Europe and beyond. We are excited to make our mark official in the UK.”

With close to 20 years of industry experience Pratt joins the company from Bank of America Merrill Lynch, where he has been co-head of EMEA high touch sales trading since early 2023. Prior to this, he was a director and sales trader at the firm.

Pratt began his career as an equity prop trader at Deutsche Bank, later becoming a sales trader at Credit Suisse and Goldman Sachs.

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