Chris Tufano has joined Clear Street as head of clearing.
In the New York-based role, Tufano is responsible for building out the company’s professional clearing services, which were launched for US equity market makers in 2024.
On his appointment, Tufano said, “I’ll be working hand in glove with a world-class team to deliver a seamless, global client experience – one platform with a single point of entry for all markets and asset classes.”
READ MORE: Clear Street launches clearing for market makers
Tufano has more than 25 years of industry experience and joins Clear Street from Bank of America, where he has been global head of prime brokerage and clearing platform transformation since 2016.
Prior to this, he was an executive director at Morgan Stanley and head of the broker dealer clearing business.
Clear Street recently appointed UBS alum Morgan Ralph as head of its new outsourced trading division, following UBS’s exit from the outsourcing business.
READ MORE: Clear Street snaps up ex-UBS director to launch outsourced trading
Elsewhere, Malcolm Pratt joined the firm as managing director for execution services last month.
