Announced
Completed
Financials
Tags
Completed
FinTech
fintech
financial services
cloud infrastructure
United States
Private
Domestic
Minority
Single Bidder
Acquisition
Friendly
Synopsis
IMC, a proprietary trading firm, completed the acquisition of a minority stake in Clear Street, a prime broker. Financial terms were not disclosed. “The backing of IMC underpins the positive response Clear Street has received in the market. Clients are demanding better technology and better service. We're answering that call with a platform that meets the needs of a modern marketplace," Chris Pento, Clear Street CEO and Co-Founder.
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