Correspondent Testimonial

“We have big plans for the future, and Penson is going to help us make those plans happen.”

 
The testimonials may not be representative of the experience of other correspondents and are not indicative of future performance or success.
Richard J. Hagen, Jr.
President and Chief Operating Officer, TradeKing
HISTORY
2010

Acquired correspondent contracts of Ridge Clearing & Outsourcing Solutions, Inc., making Penson the second largest securities clearing firm in the U.S. by correspondent count.

2009

Launched Penson Financial Services Australia Pty Ltd to clear equities and exchange traded options in Australia.

2007

Acquired Goldenberg Hehmeyer & Co.'s futures clearing business; opening international derivates trading to correspondents.

Opened Asia-Pacific offices in Hong Kong and Tokyo.

Penson Financial Services, Inc. became one of the first firms approved by NASD/FINRA to offer Portfolio Margining.
2006

Acquired Computer Clearing Services adding over 50 new correspondents.

Initiated and completed Penson Worldwide, Inc.'s public offering, listing on NASDAQ with the symbol PNSN.
2004

Acquired Nexa Technologies, Inc. and combined back-office systems with their leading web-based trading platform.

Acquired Tick Data, Inc. and began offering the largest database of historical intraday data for US and global futures, index, indicator and equity data.
2002

Acquired Integrated Trading Solutions and launched Omni Pro, a professional trading platform.
2001

Launched Penson Financial Futures to trade derivatives in the U.S.
2000

Commenced operations in Canada through Penson Financial Services Canada, a Montreal based clearing and execution firm.

Commenced operations in Europe through Penson Financial Services Ltd., a London based clearing and execution firm.

Launched Penson Worldwide, Inc.
1995

Penson Financial Services, Inc. was founded by Phil Pendergraft and Daniel P. Son.