Clear Street has hired experienced derivatives expert Steve Trimble in futures sales, marking the latest high-profile appointment by the US group as it prepares to launch a clearing broker.
Trimble, who has nearly 40 years’ experience, joined Clear Street last month as a Chicago-based director of futures sales.
A spokesperson for Clear Street confirmed the appointment but declined to comment further.
Trimble was most recently with Marex where he worked for seven months in sales before leaving that broker in June this year. Previously, he spent three-and-a-half years in sales at ED&F Man Capital Markets until that business was acquired by Marex in late 2022.
Before ED&F Man Capital Markets, Trimble spent three-and-a-half years as a managing director of Wedbush Securities, a year as a consultant with his own firm, seven years as an executive director at JP Morgan and nearly fifteen years as a managing director at Bear Stearns. He started his career as a market-maker on the Chicago Mercantile Exchange in 1984.
Trimble’s appointment to Clear Street reunites him with Chris Smith, the founder and former chief executive officer of ED&F Man Capital Markets, who joined Clear Street in August as chief executive of Clear Street Futures, a new futures clearing service set for launch next year.
That appointment came less than one year after Chicago-based Smith left ED&F Man Capital Markets as part of the deal to sell that business to British rival Marex.
Also last month, Clear Street hired three senior managers in preparation for the firm's proposed futures clearing launch.
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