DALLAS, April 29, 2013 /PRNewswire/ -- Southwest Securities, Inc. has announced the addition of two new sales and trading professionals in the company's taxable fixed income division.
Alex Suh has been named Vice President – Institutional Sales in the company's New York City office and John Sagan has been named Vice President – Corporate Trader in the Bloomfield, N.J., office.
"We continue to actively expand our fixed income sales and trading desks across the country and are pleased to welcome these two experienced professionals to our growing team," said Daniel Leland, Executive Vice President and Head of Taxable Fixed Income for Southwest Securities. "Both Alex and John have strong backgrounds in the industry and are important additions to Southwest Securities' taxable fixed income division."
In his new role with Southwest Securities, Mr. Suh will focus on structured products. He joins the company from UBS where he traded non-agency residential mortgage-backed securities. Prior to his time there, Mr. Suh was an analyst with Dynamic Credit Partners and also served as an analyst at the Winter Group. He earned a bachelor's degree in business economics from UCLA.
Mr. Sagan will focus on trading corporate bonds for Southwest Securities and joins the company from PaineWebber/UBS where he served for more than 20 years, primarily on the corporate bond trading desk. He also held positions in risk management and as national sales manager for PaineWebber/UBS's options department. Mr. Sagan earned a bachelor's degree in business economics from Boston University and an MBA from Fordham University.
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.