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Penson Financial Services, Inc. Now Providing Access to US Markets for Customers of Leading Indian Stock Brokerage.

Publication: Business Wire
Publication Date: 07-NOV-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
DALLAS -- Penson Financial Services, Inc., the U.S. broker-dealer and clearing services subsidiary of Penson Worldwide, Inc. (NASDAQ: PNSN), announced today that it has begun providing access to U.S. stock and stock options markets for customers of ICICIDirect.com, the stock broker affiliate of India's second largest bank, ICICI Bank, under a recently signed clearing services agreement.

"This non-exclusive agreement is Penson's first with an Indian stock brokerage," said Daniel P. Son, president of Penson Worldwide,...

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