ST. PETERSBURG, Fla., Aug. 9, 2004 (PRIMEZONE) -- Spartan Securities Group, Ltd., today announced that it has been approved by the NASD as a market maker. Spartan Securities is an NASD registered full service broker dealer located in St. Petersburg, Florida and is now making markets under the Market Participant ID: MICA.
About Spartan Securities Group
Spartan Securities Group, Ltd. is an NASD member, SEC registered full service securities broker dealer located in St. Petersburg, Florida.
Spartan Securities specializes in providing investment banking, market-making, principal investments, asset advisory and wealth management services to micro-cap and small-cap public companies, institutional investors and high net worth individuals.
"This is the culmination of over a year in the application process and a significant investment in systems and technology to support our trading operations. This approval will allow us to expand our services to corporate clients to include sponsoring 15c211 filings for emerging companies, while adding substantially to our revenue stream for the partnership," stated Micah Eldred, Senior Managing Partner
Further details on the company and the services it offers can be found online at: www.spartansecurities.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Spartan Securities Group, Ltd. assumes no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources, and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Company.