prop trading at Penson Financial

T

thisguy

Just wondering if anyone knows much about Penson Financial (completely unknown to me before today) and internal prop trading desks at the firm?

All I know is they have a presence in TX.

Thanks.
 
Big Canadian firm, or at least I think they're Canadian, definately a large presence here anyways. Swifttrade clears through them I believe.
 
Penson is a large clearer that clears for many prop groups. I don't believe that they they run an internal prop desk. I know that they are very competitive on equitites pricing for groups that do volume.

They are an American based company with some international subs.

Best to do your own research: http://www.penson.com

Cheers
 
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