DALLAS, June 5, 2012 /PRNewswire/ -- Southwest Securities, Inc. has announced the addition of two sales professionals to the firm's taxable fixed income division. Peter Young was named Senior Vice President – Institutional Sales Representative reporting to Martin Gamboa, Manager of the firm's San Francisco office, while Dana Grabarchuk was named Vice President – Rates Dealer Sales Representative reporting to Victor "Rick" Perretti, Director of National Business Development and Manager of the company's New York office.
"As we continue to expand our sales and trading operations across the country, we are pleased to welcome Peter and Dana to our growing team," said Daniel Leland, Executive Vice President and Head of Taxable Fixed Income for Southwest Securities. "Our team is focused on building long term client relationships and delivering a level of service that exceeds customers' expectations. Both Peter and Dana share this commitment and will be important additions to our firm."
Mr. Young brings more than 20 years of fixed income sales experience to his new role with Southwest Securities. Most recently he served as Senior Vice President in fixed income sales with Oppenheimer and Co. He has also held senior level positions with Countrywide Securities Corp., Bear Stearns & Company, and Advest, among others. He earned a bachelor's degree in economics, international relations and political science from the University of Wisconsin – Madison.
Ms. Grabarchuk comes to Southwest Securities from JP Morgan Chase & Co. where she served as Team Lead on the interest rates sales desk. Prior to her tenure with JP Morgan Chase, she worked in investor relations with Huntsworth Financial Global Consulting Group, and in project management with HSBC Bank. Ms. Grabarchuk earned a bachelor's degree in finance and international business from the Schreyer Honors College at Pennsylvania State University and has completed all three levels of the CFA Institute's Chartered Financial Analyst Program.
Southwest Securities, Inc., a member of NYSE, FINRA and SIPC, provides securities brokerage, investment banking and securities clearing services to a broad range of individual, corporate, public and industry clients. The firm is a wholly owned subsidiary of SWS Group, Inc. (NYSE: SWS), a financial services holding company whose stock is listed and traded on the New York Stock Exchange under the symbol, SWS.
SOURCE Southwest Securities, Inc.