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South Street Securities is a FICC Tier 1 member and a member of several major regulatory agencies, including FINRA, SIPC, OCC and NFA. The company operates from its New York headquarters and specializes in the following services: Repo dealer financing US Treasuries, Agency MBS, TBA Mortgage Origination Hedging, Equity Finance and Algorithmic Trade Execution.

As President, Mr. Schuit will oversee the company's various trading and execution businesses, continuing to drive growth and innovation as a trusted, mid-sized full-service broker-dealer. He previously served as Co-Chief Investment Officer of South Street Securities.

"Having helped build South Street Securities from the ground up, I am honored to step into the role of President," said Jason Schuit. "The firm's ongoing success is a testament to the talent and dedication of our team and I look forward to working alongside them as we continue to evolve and deliver value to our clients."

Based in New York City, Matrix Applications is financial technology service bureau that offers a suite of collateral management, margining and clearing systems, in addition to back-office services, for institutional fixed income trading and equities securities lending.

As President, Mr. Webbe will oversee the company's technology infrastructure, system support, operations and software development. He previously served as Chief Operating Officer of Matrix Applications.

"It is a privilege to step into the role of President of Matrix Applications, a company I have been proud to help grow since the beginning," shared Donald Webbe. "Our team's commitment to innovation and operational excellence has been the core of what we do. I look forward to leading the team into its next chapter as we continue to deliver trusted solutions to the financial markets."

Commenting on the appointment, James Tabacchi, Chief Executive Officer of South Street Securities Holdings, said "Jason and Donald have been integral to the foundation, expansion and long-term success of our family of companies. Their vision, leadership and deep knowledge of the markets have always been a driving force and will further strengthen our ability to serve clients with excellence while continuing to expand our capabilities in this next phase of growth."