Penson Worldwide News

Knight Capital Group, Inc. today announced that it has agreed to acquire certain assets and liabilities of Penson Futures, the futures division of Penson Financial Services, Inc., a subsidiary of Penson Worldwide, Inc.

Penson Worldwide, Inc. reported today that it is actively engaged in advanced discussions regarding strategic transactions and will provide further information when appropriate.

March 14 - Overview -- Penson Worldwide Inc. has commenced a debt restructuring plan, which we deem a distressed exchange.

Penson Worldwide, Inc. today announced that it has continued to take major steps forward with its previously announced strategic initiatives to strengthen its balance sheet, increase liquidity and improve performance in the face of challenging industry conditions.

Penson Worldwide, Inc. will host a conference call on Tuesday, March 13, 2012 at 5:00 PM Eastern Time with Philip A. Pendergraft, Chief Executive Officer; Bryce B. Engel, President & Chief Operating Officer; and Kevin W. McAleer, Chief Financial Officer.