Clear Street hires another two senior brokers in London
16th April, 2025|Luke Jeffs
Clear Street, the US group aiming to shake-up the futures clearing business, has hired another two senior brokers in London, one from Cboe Global Markets and another from rival RJ O’Brien.
The New York-based firm hired this month Hemal Purohit as a London-based managing director of cross-asset sales, according to a post on LinkedIn.
Purohit joined Clear Street from FCF Group, a securities broker where he worked for nearly a year after leaving Cboe Global Markets in June 2024.
He spent nearly eight years at the US exchange group, latterly as Cboe’s head of derivatives sales for Europe, the Middle East and Africa.
Before joining Cboe in 2016, Purohit was an equity derivatives sales trader at Natixis, an executive director at Santander, a director of futures and options sales at Barclays and the head of listed derivatives sales at Societe Generale.
Clear Street has also hired in London Howard Wright who joined the group in March, according to the FCA Register.
Wright was most recently with RJ O’Brien Limited in London where he worked for more than five years. Before RJO, Wright worked for three-and-a-half years at Sapien Capital, the UK banking boutique, nearly three years at broker Bastion Capital and more than ten years at MF Global.
A spokesperson for Clear Street declined to comment on the appointments.
The US group has been hiring aggressively in London this year as Clear Street bulks up its first office outside its home market. Clear Stret now has 22 Financial Conduct Authority-regulated staff in London, according to the British regulator’s register.
Most recently, Clear Street hired in February Jane Fincham, a top metals broker.
Fincham was at Marex for a time after that firm acquired in October 2022 ED&F Man Capital Markets where Fincham worked for nearly 13 years as a managing director in base metals broking.
Before ED&F Man Capital Markets, Fincham worked for 12 years as a managing director at Man Financial Services.
