Clear Street, a cloud-native financial technology firm focused on modernizing the brokerage ecosystem, proudly announces the appointment of Edward Tilly as its new President. Tilly brings over a decade of successful leadership as CEO of CBOE Global Markets, where he significantly grew the company’s market capitalization and spearheaded transformative initiatives.

1. Edward Tilly’s Background and Achievements

  • Former CEO of CBOE Global Markets.
    • Grew market capitalization from $2 billion to over $18 billion.
    • Led the acquisition of BATS Global Markets in 2017.
    • Introduced innovative products like zero-days-to-expiration (0DTE) options.
  • Proven track record in running a public company and driving growth.

2. Role and Vision at Clear Street

  • Tilly to work closely with CEO Chris Pento.
  • Focus on leading Clear Street through its next growth phase.
  • Tilly will report to the Board of Directors.
  • Emphasis on super-charging growth plans and expanding the company’s reach.

3. Statements from Key Figures

  • Chris Pento on Tilly’s Appointment:
    • Clear Street’s rapid growth since 2018.
    • Company’s valuation at $2.1 billion.
    • Platform’s growth accelerating with a CAGR of over 50%.
    • Importance of Tilly joining the executive team for future growth.
  • Edward Tilly on Joining Clear Street:
    • Excitement about the customer-centric vision and unique technology platform.
    • Commitment to innovation and accessibility in financial markets.
  • Uri Cohen on Tilly’s Strategic Fit:
    • Tilly’s experience as a capital markets entrepreneur.
    • Strategic vision and ability to drive sustainable growth.
    • His role in Clear Street’s mission to modernize the brokerage ecosystem.

4. Recent Executive Team Additions

  • Atul Pawar, former Goldman Sachs head of U.S. Prime, Clearing, FCM and Counterparty Risk.
  • Jon Daplyn, former technology leader at Morgan Stanley.

Edward Tilly’s appointment as President marks a significant milestone for Clear Street as the company continues to innovate and expand in the financial technology sector. Tilly’s extensive experience and leadership capabilities are set to propel Clear Street towards achieving its mission of modernizing the brokerage ecosystem with world-class technology and customer experiences.