Penson Worldwide, Inc. Names Bryce Engel Executive Vice President

DALLAS--(Business Wire)--
Penson Worldwide, Inc. (NASDAQ: PNSN), announced today that Bryce Engel has
joined the firm as Executive Vice President. Mr. Engel will have reporting
responsibility for Penson Worldwide, Inc.`s international businesses including
Canada, the U.K., Asia and Australia, as well as its technology subsidiary, Nexa
Technologies, Inc. He will report to the firm`s Chief Executive Officer, Philip
A. Pendergraft.

"We are very excited to have such a strong and accomplished industry leader as
Bryce joining us at Penson," said Mr. Pendergraft. "He brings with him a
remarkable track record, including 12 years of service in a variety of high
level leadership positions at TD Ameritrade and an impressive history of
applying innovative thinking to business processes within the financial services
industry. We are confident that both his proven ability to build businesses and
his deep knowledge of clearing operations will prove to be major assets to
Penson and our clients."

"I am honored to join Penson Worldwide," commented Engel. "I look forward to
applying my experience towards furthering Penson`s position as a leading
provider of clearing and execution products and services around the world."

Prior to joining Penson, Mr. Engel, age 37, was a Senior Vice President with TD
Ameritrade and was responsible for Retail Client Service and Support,
Institutional operations and Clearing operations. Engel served in a variety of
roles during his 12-year tenure at TD Ameritrade, including the leadership of
call center operations and Ameritrade clearing. Throughout this time, Engel
played an integral role in growing TD Ameritrade`s business from a small
non-public organization to one of the largest online retail trading firms in the
country.

Engel served on the ATD Advisory Council and accepted the 2006 Business Progress
Award from Sarpy County EDC in 2006. He served as a member of the Board of
Directors of the Options Clearing Corporation from February of 2006 to January
of 2009. In 2007, Engel was featured in the Midland Business Journal`s top 40
Under 40 program.

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.

Penson Public Relations:
Intermarket Communications
Andy Yemma, 212-754-5450
ayemma@intermarket.com
or
Ashley Schmidt, 212-754-5438
aschmidt@intermarket.com
or
Penson Investor Relations:
Anreder & Company
Gary Fishman, 212-532-3232
gary.fishman@anreder.com
or
Steven Anreder, 212-532-3232
steven.anreder@anreder.com

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