Clear Street has announced the hire of William Dulude as chief product officer of its product, engineering and design leadership team.
Dulude brings experience in trading systems, risk management, engineering, investment and operations management to the role.
Reporting to Clear Street’s co-founder and chief technology officer Sachin Kumar, Dulude will be responsible for running product strategy at the enterprise level.
He will also oversee product development for all of Clear Street’s business segments, including institutional, active trading, and platform services.
Dulude joins the firm from Galaxy Digital, where he served as director of electronic trading product. Prior to this, he was global head of operations at Tagomi and held several positions at KCG Holdings’ New York office.
Also joining the product, engineering and design team is Prerak Sanghvi, who will become vice president of engineering in June.
Sanghvi will bring expertise in electronic trading, equities, trading systems and capital markets to the role.
Most recently, Sanghvi was chief technology officer at Proof Trading and previously served as head of venture technology at IEX Group.
Prior to this, he also held roles at RBC Capital Markets, Myrias LLC and Bank of America Securities.
In this new role, Sanghvi will oversee Clear Street's product, securities finance, risk, electronic execution services and fact data engineering teams.
Commenting on the announcement, Kumar says: “Our team at Clear Street is on a mission to improve investors' access to the capital markets by building better infrastructure. It is an ambitious goal and to achieve it we need strong leaders to shape strategy, set priorities and guide our teams.
“The product, engineering and design team is a critical function and I am confident that these leaders will help us continue to deliver for our clients and push the boundaries of what we can create in the future."