Penson Financial Services, Inc., headquartered in Dallas, Texas has served the clearing needs of all types of broker/dealers since 1995. Penson provides a full and highly competitive package of conventional broker/dealer clearing and execution services as well as offering leading-edge trading and money management technology. With clearing facilities in the US, Canada, and Europe, Penson compares and settles hundreds of thousands of transactions daily in equities, options, fixed income, and derivatives for more than 200 correspondents worldwide.

Penson Financial Services, Inc. is a member of the Chicago Stock Exchange, the FINRA, Inc., the Chicago Board Options Exchange, OneChicago, the International Securities Exchange, the ARCA Exchange, the Options Clearing Corp., the MSRB, NSCC, ICMA, DTC, Euroclear, SIPC, the Pacific Exchange 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, and the TSX Venture Exchange.