Penson Worldwide, Inc. (NASDAQ: PNSN), a leading provider of execution, clearing, settlement, custody and technology products and services to the global financial services industry, today announced that correspondents of its U.S. subsidiary, Penson Financial Services, Inc. (PFSI), now have access to Canadian fixed income products through the Penson Bond Connection™ platform.

U.S. correspondents will be able to offer their clients a comprehensive array of Canadian corporate, municipal, provincial and government bonds. Penson’s Canadian subsidiary, Penson Financial Services Canada Inc. (PFSC), already provides bond market insights, settlement information and execution services to PFSC’s Canadian correspondents and customers.

“With economic uncertainty currently facing U.S. investors, Penson is seeing a rise in demand for non-domestic fixed income products,” said Bryce Engel, President of Penson Worldwide, Inc. “Canada, which offers a substantial interest rate differential from the U.S., is an alternative investors are seeking. By expanding the Penson Bond Connection to include Canadian fixed income products, in addition to its existing access to U.S. products, we are making it easier for our correspondents to meet their clients’ needs.”

Penson Bond Connection provides access to one of the largest pools of centralized fixed income liquidity. Users can conduct self-directed searches and price discovery from a universe of 35,000+ competitively priced primary and secondary municipals, corporates, agencies, CMOs, treasuries, strip/zero coupons, certificates of deposit and structured products.

Penson Bond Connection also provides access to in-depth analytics and tools, enabling users to create tailored investment strategies through its customizable and configurable work station. Combining order management tracking of pending and completed orders with historical access to order audit trails, Penson Bond Connection is built to support both evolving trading and business processes.

About Penson Worldwide:

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 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 FINRA, New York Stock Exchange, NYSE Arca Exchange, NYSE Amex Equities, NYSE Amex Options, BATS Exchange, Direct Edge Exchanges (EDGA and EDGX), Chicago Board Options Exchange (CBOE), Chicago Stock Exchange, International Securities Exchange (ISE), NASDAQ OMX BX, NASDAQ OMX PHLX, NASDAQ Stock Market, NASDAQ LIFFE, LLC, National Stock Exchange, Options Clearing Corp. (OCC), Fixed Income Clearing Corp. (FICC), MSRB, National Securities Clearing Corp. (NSCC), DTC, ICMA, Euroclear, and SIPC. Penson Financial Services, Inc. is also a registered Futures Commission Merchant and clearing member at the Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, Comex, Kansas City Board of Trade, Minneapolis Grain Exchange, NYSE Liffe US, NYSE Euronext LIFFE, ONEChicago, ICE Futures Europe and ICE Futures USA.

Penson Financial Services Canada Inc. is a participating organization with the Toronto Stock Exchange, the Montreal Exchange, the CNSX 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.

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.

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