Clear Street Group Inc (CLRS)

Clear Street Group Inc is a financial infrastructure technology company that develops a cloud-native capital markets platform based on a real-time ledger. Its platform supports the clients' capital markets activity by unifying trading, risk management, and financing on a single platform. It connects its platform to banks, clearing houses, depositories, brokers, and exchanges to support client activity. The company generates the majority of its revenue from the Net financing category, which is generated by the financing, stock loan and custody applications and include net financing generated from customer margin debit, credit and short balances associated with equities, options, futures, and fixed income positions, as well as net financing generated from security-based swaps in equities.