South Street Securities is proud to welcome Tony Venditti as Head of Equity Finance. Tony comes to South Street Securities with more than 35 years of experience in the securities financing industry having spent 10 years at Nomura Securities prior to his 13 years with BMO.
South Street Securities was established in 2001 and concentrates solely on repo cash investment and repo security financing services. The firm is the only broker-dealer that is a Tier 1 member of the Fixed Income Clearing Corporation with full repo netting rights and is dedicated to the repo market.
"South Street Securities' model only allows for collateral comprised of US treasury and agency securities, along with short repo tenors, which helps keep our capital costs very low. This translates into very competitive rates for repurchase agreements,” said James Tabacchi, President and CEO.
Venditti says: “With a first-class management team, South Street Securities have established themselves as a fairly large player in the US repo markets with multiple opportunities for growth within their existing businesses and capital structure.”
Venditti added: “I look forward to working with all of you for many years to come as we build a strong global securities finance business and platform.”
South Street Securities is an established and well capitalized player in the securities finance business since 2004, which prides itself on its strong operational and technology platform and teams. Our Equity Finance Team has the perfect combination of skill, knowledge, technology, and abundant relationships that could help service all your short covering and financing needs.