Clear Street expands sec lending team with TD Securities and Morgan Stanley hires
04 June 2019 New York
Image: Shutterstock
Clear Street has hired Salvatore Cangialosi and Antonio Maneri to work in its expanding securities lending team.
Yesterday (3 June) it emerged that Jack Nicosia had joined Clear Street as director after leaving his role as managing director at ETC.
Salvatore Cangialosi joins as managing director, having previously held director and managing director positions in securities lending at Credit Suisse and TD Prime Services, respectively.
Antonio Maneri joins Clear Street from his role as executive director at Morgan Stanley, where he developed expertise in securities lending and prime brokerage services across more than 20 years.
The appointments come as part of the firm’s efforts to improve the sourcing, locating, clearing and settlement of products and transactions.
Chris Pento, co-founder and CEO of Clear Street, commented: “At Clear Street, we are improving access to financial markets. Funds of all sizes—from startups to multi-billion dollar funds - will use our technology platform to clear and settle transactions.”
“Securities lending will be an important part of that platform. Effectively sourcing and locating hard-to-borrow financial products will give our clients the flexibility they need to implement their trading strategies.”
He added: “We are bringing together a team of outstanding professionals, each with decades of experience in securities lending and prime services, to lead the development of our securities lending business.”
Yesterday (3 June) it emerged that Jack Nicosia had joined Clear Street as director after leaving his role as managing director at ETC.
Salvatore Cangialosi joins as managing director, having previously held director and managing director positions in securities lending at Credit Suisse and TD Prime Services, respectively.
Antonio Maneri joins Clear Street from his role as executive director at Morgan Stanley, where he developed expertise in securities lending and prime brokerage services across more than 20 years.
The appointments come as part of the firm’s efforts to improve the sourcing, locating, clearing and settlement of products and transactions.
Chris Pento, co-founder and CEO of Clear Street, commented: “At Clear Street, we are improving access to financial markets. Funds of all sizes—from startups to multi-billion dollar funds - will use our technology platform to clear and settle transactions.”
“Securities lending will be an important part of that platform. Effectively sourcing and locating hard-to-borrow financial products will give our clients the flexibility they need to implement their trading strategies.”
He added: “We are bringing together a team of outstanding professionals, each with decades of experience in securities lending and prime services, to lead the development of our securities lending business.”
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