Exciting News from New York

Hey there! Let's dive into some exciting news straight from the bustling streets of New York.

Leadership Changes at South Street Securities Holdings

South Street Securities Holdings, Inc., quite the big shot in finance, has spiced up their leadership lineup. They've roped in Jason Schuit as President of South Street Securities LLC and Donald Webbe for Matrix Applications LLC. And guess what? These changes are effective like, right now!

Experience of New Leaders

Both Jason and Donald aren't newbies; they've been in the game since day one. Each packs a hefty 30 years of expertise in finance and capital markets. That’s a ton of know-how to bring to the table!

About South Street Securities

Talking about South Street Securities, this place is no small fry. They're a FICC Tier 1 member and play in the big leagues with memberships in FINRA, SIPC, OCC, and NFA. Their home base is New York where they do some pretty intense stuff like Repo dealer financing, handling US Treasuries, you know, big money moves!

Insights from Jason Schuit

As for Jason Schuit, he’s not just sitting pretty in the president's chair; he's gonna be all over the company’s trading and execution biz. He aims to keep things buzzing and innovative. Before this gig, he was the Co-Chief Investment Officer, so yeah, he knows his stuff. Jason's got a bit of a sentimental side too, mentioning, “Having helped build this from the ground up, stepping into the role of President is a huge honor.” He’s all about keeping the success train moving and values his team big time. He's like, looking forward to collaborating more and piling on that value for their clients.

Introduction of Donald Webbe

Now, hopping over to Matrix Applications, stationed in the heart of NYC. These folks are the tech wizards offering services like collateral management and a boatload more targeting institutional trading. Donald Webbe, stepping up as President, will be the tech maestro handling all those high-tech infrastructures and software witchcraft. He shared that growing this company from scratch was a dream, and he's pumped about driving it into the future.

Comments from James Tabacchi

James Tabacchi, the big chief of South Street Securities Holdings, had a couple of nice words to say too. He’s all praises for Jason and Donald, calling them foundational pillars for the setups and their expansive knowledge tanks will only boost client service and help in their growth spurt.

Background of Jason Schuit

So who are these two? Jason Schuit started his journey at Citibank, dabbling in fixed income trading. Fast forward through the years, he co-founded Capital Markets Engineering & Trading, spun some serious roles and even had a dramatic re-entry at South Street Securities. He's got every title from undergrad at Hofstra University to a bunch of FINRA Series up his sleeve.

Background of Donald Webbe

Donald Webbe, also not lagging, has been with the group since 2001, climbing from Head of Operations to now, president of Matrix Applications. He earned his stripes at Citigroup handling some heavy-duty finance ops before joining the big league.

Conclusion

To wrap it up, South Street Securities Holdings, Inc. doesn’t just stop at South Street Securities; their family includes Matrix Applications, AmeriVet Securities, and a few more fascinating outfits, each doing their part in shaking up finance and tech. It's all about specialized financing, cutting-edge tech, and some real neat algo-trading. That’s the scoop from the finance frontier! How cool is that for a game of corporate musical chairs, where everyone seems to land exactly where they should? Exciting times ahead, for sure!