Southwest Securities Names Nick Zarabara Head of Corporate Trading, Welcomes Peter Kendall as Senior Vice President

Oct 19, 2010, 07:30 ET from Southwest Securities, Inc.

DALLAS, Oct. 19 /PRNewswire/ -- Southwest Securities, Inc. has named Nick Zarabara as senior vice president, head of corporate trading for the firm. Southwest Securities, Inc. has also expanded the trading team with the addition of senior vice president Peter Kendall.

As head of corporate trading, Mr. Zarabara will oversee all corporate trading and inventory management functions. He has over 25 years of experience in the industry.

"With the tremendous growth of the taxable fixed income division in recent years, Nick Zarabara's experience and abilities are important assets as we build on our success," said Dan Leland, executive vice president and head of taxable fixed income.

Mr. Zarabara joined Southwest Securities in 1994 as a trader, following nine years with Paine Webber/UBS. He began his career in 1985 at Rodman and Renshaw.

Mr. Kendall joins Southwest Securities after more than 20 years of experience trading in a variety of securities, including equipment trusts, sinking funds, REITs, Rails, Title XI and other government guaranteed issues. He began his career in the securities industry with Cowen and Co. in 1987. He has also held positions with A. Webster Dougherty and Co. and Sutro & Co. Inc. Most recently he served as managing director, senior institutional trader with RBC Capital Markets. Mr. Kendall will be working in Southwest Securities' San Francisco office and will report to Mr. Zarabara in Bloomfield, N.J.

"As Southwest Securities continues to broaden its range of fixed income trading, Peter is a welcomed addition," Mr. Leland said.

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.