James M. Tabacchi

As President and CEO of South Street Securities Holdings Inc., Mr. Tabacchi directly oversees all aspects of the business, including strategy, credit, market and liquidity risk, infrastructure, technology and clearing, compliance, finance, accounting and controls. In 2000, he raised the venture capital and founded South Street as an independent repo broker dealer and began building and expanding the franchise of products. Today, South Street remains one of the largest independent repo dealers and has added asset management of an Agency Mortgage REIT, an MBS TBA derivative dealer franchise, a fintech fixed income processing company, and an equity sec lending business. In 2018, He also invested in and continues to mentor a Disabled Veteran Owned Small Business (DVOSB) and minority owned broker dealer called AmeriVet, which underwrites and distributes corporate debt and equity. He continues to look for opportunities to expand the South Street franchise in the mid-market dealer community.

Prior to founding South Street, Mr. Tabacchi joined Citicorp/Citibank in 1980. Over a period of 20 years he worked in various customer interface and business head positions within the Investment, Corporate, and Consumer Banking Divisions. In 1987 Mr. Tabacchi became the regional business manager for the Northeast Division of Citicorp Mortgage, Inc. In 1989, he was a Division Financial controller in Citicorp's North American Investment Bank. During 1990, Mr. Tabacchi was asked to manage the day-to-day operations of Citibank's Municipal Trust business. He revamped the product lines and packaged the business for sale, which was completed in 1992. He then joined the Finance Desk and was named Treasurer of Citicorp Securities in 1995, adding Co-Head responsibilities of the Primary Dealer Desk a short time later.

In addition to his Board responsibilities at South Street, ACM Trust REIT and AmeriVet, Mr. Tabacchi is Chairman of the Board of the Independent Dealer and Trader Association (IDTA) and is a member of BNYM’s GSS Industry Advisory Council. In 2021, Mr. Tabacchi was elected to the DTCC Board of Directors. Outside the office, he is Vice Chair of the Borough of Demarest Planning Board, a Trustee of the St. Joseph’s Catholic School Endowment Fund and a youth hockey coach for the Englewood Field Club’s ‘Learn to Play Hockey’ program.

Mr. Tabacchi graduated from Iona College with a Bachelor of Business Administration in Accounting in 1977 and the John G. Hagen School of Business with an MBA in 1981. Mr. Tabacchi is FINRA Series 7, 63, 27 and 24 registered.