Penson Worldwide offered correspondent securities clearing, custody, and settlement services to broker-dealers.

Penson Worldwide
Penson Worldwide provided securities clearing, custody, settlement, and brokerage technology infrastructure to broker-dealers.
- Acquired by Peak6
Penson Worldwide provided correspondent clearing, custody, settlement, and trading technology services to financial institutions and broker-dealers globally. The company operated enterprise market infrastructure supporting securities trading and asset custody.
Peak6 acquired the company's clearing contracts and operating assets in May 2012 to establish Apex Clearing.
M & A Snapshot
Open M & AProducts & Services
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Quick Facts
Who are Penson Worldwide's competitors?
Companies similar to Penson Worldwide include Apex Clearing, Broadridge Financial Solutions, RQD* Clearing and MarketAxess.
When was Penson Worldwide founded?
Penson Worldwide was founded in 2000.
Where is Penson Worldwide's headquarters located?
Penson Worldwide's headquarters is located in Dallas, TX, US.
Classification
- Industry
- Ownership
- Geographic Exposure
- Model
- Revenue
- Customer
- NAICS
- 520000Finance and Insurance
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 6210Security Brokers, Dealers, And Flotation Companies
- 6211Security Brokers, Dealers, And Flotation Companies
- 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
- ISIC
- 6499Other financial service activities, except insurance and pension funding activities, n.e.c.
- 6612Security and commodity contracts brokerage
Show 13 more industry codes
- NAICS
- 523100Securities and Commodity Contracts Intermediation and Brokerage
- 523150Investment Banking and Securities Intermediation
- 525000Funds, Trusts, and Other Financial Vehicles
- 523910Miscellaneous Intermediation
- 523940Portfolio Management and Investment Advice
- SIC
- 5000Wholesale Trade-durable Goods
- 6000Depository Institutions
- 6700Holding And Other Investment Offices
- 6280Services Allied With The Exchange Of Securities Or Commodities
- 6720Investment Offices
- 6282Investment Advice
- 6722Management Investment Offices, Open-end
- ISIC
- 6630Fund management activities

