Southwest Securities Group - SWS- Profile

Southwest Securities Group, Inc. provides securities transaction processing and other related services. The company operates a full service brokerage, investment banking and asset management firm. The company's primary business is delivering a broad range of securities transaction processing services to brokers or dealers. Transaction processing services include cost-effective integrated trade execution, clearing, client account processing and other customized services. The company acquired ASBI Holdings, Inc. in fiscal 2000. Interest income accounted for 45% of fiscal 2000 revenues; gain on transactions, 23%; commissions, 13%; clearing operations, 10%; Investment banking, advisory and administrative fees, 5% and other income, 4%.