Published: March 22, 2010
Barron's Names Eight Penson Correspondents Top Online Brokers
DALLAS - (BUSINESS WIRE) - Penson Worldwide, Inc. (NASDAQ: PNSN) reported that eight of its current
correspondent firms were named in Barron's 15th Annual
survey of the nation's Top 22 Leading Online Brokers, which was released
on March 15, 2010.
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Five were named on the best for options traders list;
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Four were named on the best for frequent traders list;
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Two were named on the best for international traders list;
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Two were named on the best for lowest monthly cost for occasional
traders list; and
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One was named on the best for lowest monthly cost for frequent traders
list.
The survey also named another firm that recently signed a long-term
correspondent clearing agreement with Penson.
"We congratulate all of these brokerage firms on this prestigious
recognition," said Dan Son, co-founder and President of Penson
Worldwide. "It clearly demonstrates their wide range of innovation in
marketing and technology that has resulted in a best in class experience
for different kinds of customers."
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thinkorswim - No. 1 (www.thinkorswim.com)
- Also named to the best for options traders and frequent traders
lists.
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MB Trading - No. 2 (www.mbtrading.com)
- Also named to the best for options traders, frequent traders and
international traders (for Forex) lists.
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TradeKing â No. 6 (www.tradeking.com)
- Also named to the best for options traders list. Penson recently
signed a long-term correspondent clearing agreement with TradeKing.
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tradeMONSTER - No. 7 (www.trademonster.com)
- Also named to the best for options traders list.
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OptionsHouse - No. 8 (www.optionshouse.com)
- Also named to the best for options traders list.
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ChoiceTrade - No. 11 (www.choicetrade.com)
- Also named to the best for frequent traders and international
traders lists.
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Lightspeed Trading - No. 13 (www.lightspeed.com)
- Also named to the best for frequent traders and lowest monthly
cost for occasional and frequent traders lists.
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Zecco Trading, Inc. - No. 16 (www.zecco.com)
- Also named to the best for lowest monthly cost for occasional
traders list.
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Cobra Trading, Inc. â No. 21 (www.cobratrading.com)
About Penson Worldwide: www.penson.com
The Penson Worldwide group of companies provides execution, clearing,
custody, settlement and technology infrastructure products and services
to financial services firms and others servicing the global financial
services industry. The Penson Worldwide group of companies includes
Penson Financial Services, Inc., Penson Financial Services Canada Inc.,
Penson Financial Services Ltd., Nexa Technologies, Inc., Penson GHCO,
Penson Asia Limited, and Penson Financial Services Australia Pty Ltd,
among other companies. Headquartered in Dallas, Texas, Penson has served
the clearing needs of the global financial services industry since 1995. Penson
Worldwide - Building the Best Clearing and Execution Services Firm in
the World.
Penson Financial Services, Inc. is a member of the New York Stock
Exchange, NYSE Alternext, Chicago Stock Exchange, FINRA, the Chicago
Board Options Exchange (CBOE), OneChicago, the International Securities
Exchange (ISE), the NYSE Arca Exchange, the Options Clearing Corp (OCC),
the MSRB, NSCC, ICMA, DTC, Euroclear, SIPC and is a participant of the
Boston Options Exchange (BOX). Penson Financial Services Canada Inc. is
a participating organization with the Toronto Stock Exchange, the
Montreal Exchange, the CNQ Exchange and the TSX Venture Exchange, is
regulated by the Investment Industry Regulatory Organization of Canada,
is a member of the CIPF, CDCC and CDS and subscribes to various Canadian
Alternative Trading Systems. Penson Financial Services Ltd. is a member
of the London Stock Exchange and is authorized and regulated by the
Financial Services Authority. Penson Financial Services Australia Pty,
Ltd is a member of the ASX Group, which operates the Australian Stock
Exchange and the Sydney Futures Exchange. Penson GHCO is a registered
Futures Commission Merchant and clearing member at the Chicago
Mercantile Exchange, Chicago Board of Trade, Kansas City Board of Trade,
London International Financial Futures Exchange, and ICE Futures.
Forward-Looking Statements
Statements contained in this news release that are not based on current
or historical fact are forward-looking in nature. Such forward-looking
statements are based on current plans, estimates and expectations.
Forward-looking statements are based on known and unknown risks,
assumptions, uncertainties and other factors. Actual results,
performance, or achievements may differ materially from any future
results, performance, or achievements expressed or implied by such
forward-looking statements. Penson undertakes no obligation to publicly
update or revise any forward-looking statement.

Anreder & Company
Gary Fishman, +1-212-532-3232
gary.fishman@anreder.com
or
Steven
Anreder, +1-212-532-3232
steven.anreder@anreder.com
or
Michael
Shallo, +1-212-532-3232
michael.shallo@anreder.com
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