Penson Global
Penson Financial Services, Inc.
Penson Financial Services, Inc. (PFSI), based in Dallas, Texas, is a securities services firm that provides flexible, technology-based processing solutions for the execution, clearing, custody and settlement of securities transactions. PFSI also offers a platform for registered investment advisors and provides prime brokerage services to hedge funds and other institutional investors. Penson is a member of FINRA and SIPC.
Penson Financial Services Canada, Inc.
Penson Financial Services Canada, Inc. (PFSC), based in Montreal, Canada is Canada's largest non-bank affiliated provider of correspondent clearing services in terms of number of correspondents. Services include trade execution, clearing, settlement, custody, bookkeeping and administration. PFSC's specialization in outsourcing allows financial firms to focus on their core business.
Penson Financial Services Limited
Penson Financial Services Limited (PFSL), based in London is an FSA regulated firm that provides a broad range of execution, settlement, clearing and custody services to market makers, broker dealers and private client wealth managers. PFSL's services include Model A and Model B (fully disclosed) clearing and settlement, CREST clearing, global custody, compliance information, as well as customized data processing, regulatory reporting, execution, portfolio management, and modeling systems. Penson utilizes flexible, yet highly automated, fast and efficient processing systems, customized to each firm's individual requirements, to increase the productivity and cost-effectiveness of customer's operations.
Penson GHCO
Penson GHCO (PGHC) is a registered Futures Commission Merchant (FCM) offering exchange access and clearing services to clients trading in domestic and global markets. GHCO was formed in 1984 and was renamed Penson GHCO in 2007 when acquired by Penson Worldwide. Penson GHCO provides clearing, back office and technology services to its correspondents and their clients, with electronic access to financial futures contracts traded on the Chicago Mercantile Exchange, the Chicago Board of Trade, Eurex and LIFFE. Electronically-traded futures contracts are accessible for various broad market indices, currencies, interest rates and precious metals.
Nexa Technologies, Inc.
Founded in 1999 with the goal of developing a powerful suite of trading solutions that could trade in any currency, any language and any market, Nexa Technologies, Inc., provides a complete line of online brokerage solutions. Products include direct access trading applications, browser-based trading, back-office order management systems, market data feeds, historical data, and FIX execution services. Nexa has over 100,000 active retail and professional users throughout North America and Europe. The company manages up to 200,000 transactions per day and hosts more than 500,000 customer accounts globally.