Clear Street hires industry veteran Tilly as President
09 July 2024 US
Image: Clear_Street
Clear Street has enlisted industry veteran Edward Tilly as president.
Based in New York, he will work closely with the firm’s CEO Chris Pento as they lead Clear Street through the next phase of its growth.
In his new role, Tilly will report to Clear Street’s board of directors.
Tilly joins the cloud-native financial technology firm after a decade-long tenure as CEO at CBOE Global Markets. Here, he was instrumental in growing market capitalisation from US$2.0 billion to more than US$18.0 billion.
He was the “driving force” behind transactions such as the CBOE’s 2017 acquisition of BATS Global Markets and products including zero-days-to-expiration (0DTE) options.
Commenting on his appointment, Tilly says: “I am thrilled to be joining a company whose global vision is relentlessly customer-centric and whose technology platform is so unique.
“Having spent more than 30 years in the financial markets hyper-focused on innovation and accessibility, Clear Street has an exciting opportunity and I am looking forward to working with Chris and his team.”
Uri Cohen, chairman and co-founder of Clear Street, adds: “Ed Tilly is, fundamentally, a seasoned capital markets entrepreneur, which makes him an excellent fit for Clear Street’s client-focused, innovative and disruptive offering.
“While at CBOE, he demonstrated his strategic vision and ability to drive sustainable growth in dynamic market environments. The addition of Ed is a testament to our excellent team and achievements thus far and speaks to the opportunity ahead as we execute on our mission to modernise the brokerage ecosystem with our technology and customer experiences.”
Clear Street was founded in 2018 with the mission to modernise the global capital markets and the brokerage ecosystem. Since then, Pento says the firm has grown into a US$2.1 billion company.
He comments: “The time is right for us to welcome Ed to the executive team as we continue to super-charge our growth plans and take Clear Street to the next level.”
Based in New York, he will work closely with the firm’s CEO Chris Pento as they lead Clear Street through the next phase of its growth.
In his new role, Tilly will report to Clear Street’s board of directors.
Tilly joins the cloud-native financial technology firm after a decade-long tenure as CEO at CBOE Global Markets. Here, he was instrumental in growing market capitalisation from US$2.0 billion to more than US$18.0 billion.
He was the “driving force” behind transactions such as the CBOE’s 2017 acquisition of BATS Global Markets and products including zero-days-to-expiration (0DTE) options.
Commenting on his appointment, Tilly says: “I am thrilled to be joining a company whose global vision is relentlessly customer-centric and whose technology platform is so unique.
“Having spent more than 30 years in the financial markets hyper-focused on innovation and accessibility, Clear Street has an exciting opportunity and I am looking forward to working with Chris and his team.”
Uri Cohen, chairman and co-founder of Clear Street, adds: “Ed Tilly is, fundamentally, a seasoned capital markets entrepreneur, which makes him an excellent fit for Clear Street’s client-focused, innovative and disruptive offering.
“While at CBOE, he demonstrated his strategic vision and ability to drive sustainable growth in dynamic market environments. The addition of Ed is a testament to our excellent team and achievements thus far and speaks to the opportunity ahead as we execute on our mission to modernise the brokerage ecosystem with our technology and customer experiences.”
Clear Street was founded in 2018 with the mission to modernise the global capital markets and the brokerage ecosystem. Since then, Pento says the firm has grown into a US$2.1 billion company.
He comments: “The time is right for us to welcome Ed to the executive team as we continue to super-charge our growth plans and take Clear Street to the next level.”
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