Business & Finance
Business and Finance
Business and Finance
Mon, January 19, 2009Fri, January 16, 2009Thu, January 15, 2009Wed, January 14, 2009Tue, January 13, 2009Mon, January 12, 2009Sun, January 11, 2009Fri, January 9, 2009Thu, January 8, 2009Wed, January 7, 2009Penson Financial Services Limited Names Andrew Jones Head of International Securities Lending
Published in Business and Finance on Tuesday, January 13th 2009 at 6:48 GMT, Last Modified on 2009-01-13 06:49:09 by Market Wire
DALLAS--([ BUSINESS WIRE ])--Penson Financial Services Limited (PFSL), the UK-based subsidiary of Penson Worldwide, Inc. (NASDAQ: PNSN), has named Andrew Jones, 39, Head of International Securities Lending. Based in London, Jones will be responsible for Penson's growing securities lending business in Europe.
"We're pleased to welcome Andy aboard and excited about what it means long-term for PFSL," said Mike Johnson, head of Global Securities Lending at Penson Worldwide, Inc. "He brings with him a wealth of experience—his strengths and knowledge of the industry align with an already impressive team in our global securities lending business. Together, they will play a crucial role in advancing the Penson strategy."
"Jones has unparalleled experience and expertise in this space," added Alan Philpot, Managing Director and CEO of PFSL. "I am delighted to welcome him to our team and am excited about the opportunities that this role will bring."
Jones has over 10 years of experience in the securities lending business, and has spent time working in Hong Kong and Japan. Jones has also held positions with Dresdner and ING earlier in his career.
About Penson Worldwide: [ www.penson.com ]
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 GHCO, and Penson Asia Limited, 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 the New York Stock Exchange, NYSE Alternext, Chicago Stock Exchange, FINRA, the Chicago Board Options Exchange (CBOE), OneChicago, the International Securities Exchange (ISE), the NYSE Arca Exchange, the Options Clearing Corp (OCC), the MSRB, NSCC, ICMA, DTC, Euroclear, SIPC 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, the CNQ 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 ATSs. Penson Financial Services Ltd. is a member of the London Stock Exchange and is authorized and regulated by the Financial Services Authority. Penson GHCO is a registered Futures Commission Merchant and clearing member at the Chicago Mercantile Exchange, Chicago Board of Trade, London International Financial Futures Exchange, and ICE Futures.
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. Penson's 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.
