BIT Adds Clear Street as Clearing Partner to Strengthen U.S. Equity Market Infrastructure
Source:
brokercheck.finra.org
As BIT’s (formerly Matrixport) U.S. equities business continues to scale, BIT has added Clear Street—a U.S.-based institutional clearing services provider—as a new partner, marking a significant step forward in BIT’s development of high-standard U.S. equities infrastructure.
BIT’s U.S. equities business operates under an omnibus introducing broker (IB) architecture, with all orders cleared and custodied by licensed U.S. clearing institutions. To date, BIT has established partnerships with three U.S.-licensed clearing institutions: Clear Street, RQD Clearing, and Atomic Vaults Securities (AVS).