24.05.2011 17:29:00

Penson Futures Names Steve Leone Chief Operating Officer

Penson Futures, a member of the Penson Worldwide, Inc. (NASDAQ: PNSN) group of companies and a Futures Commission Merchant that provides execution and clearing services on the world’s major exchanges, announced today that it has named Steve Leone as Chief Operating Officer (COO), a new position. As COO, Mr. Leone will have responsibilities over Global Clearing, Information Technology, Finance and Accounting.

"During Steve’s tenure at Penson Futures, we have made strong infrastructure and operational changes,” said John Streich, CEO of Penson Futures. "Steve has shown the ability to adapt and effectively provide the necessary guidance and leadership to help move the company forward. His role as COO is integral to the growth of Penson Futures. We are excited for him to have this opportunity.”

Mr. Leone brings to this position more than 20 years of experience in the financial services industry. He joined Penson Futures in November 2008 as Director of Global Clearing and Settlements. Prior to joining Penson Futures, he was with J.P. Morgan Futures and ABN AMRO Futures as head of the North American Customer Service teams for each of those firms. Mr. Leone was also with Cargill Investor Services from 1987 through 2001 holding a number of operational management positions.

About Penson Futures: www.pensonfutures.com

Penson Futures is a registered Futures Commission Merchant and clearing member at the Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, Kansas City Board of Trade, Minneapolis Board of Trade, NYSE Liffe US, NYSE Euronext LIFFE, ONEChicago, ICE Futures Europe and ICE Futures USA.

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 Futures, Penson Asia Limited, and Penson Financial Services Australia Pty Ltd, 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.

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. 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.

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