Feb. 24 at 12:32 PM
Clear Street to acquire Hong Kong broker BOOM Securities, marking its first acquisition-led entry into APAC 🌏
Deal signed 30 Jan 2026. Closing expected mid-2026, subject to Hong Kong SFC approval. Boom oversees
$2B+ in client assets. Clients to migrate to Clear Street’s cloud-native platform.
Ed Tilly, CEO, Clear Street:
“This acquisition is a milestone in our global expansion and our first acquisition-led entry into the APAC region. Boom has built a trusted, proven franchise over nearly three decades, and we are excited to bring that franchise onto Clear Street as we continue expanding into high-growth markets.”
Uriel Cohen, Founder and Executive Chairman, Clear Street:
“Our global build and product velocity continues at a rapid pace. We explored the opportunity to go public but ultimately decided not to proceed at this time due to market conditions.”
Full article: https://liquidityfinder.com/news/clear-street-names-chief-strategy-and-growth-officer-alongside-apac-expansion-a9eef
$CBOE 📈