Clearing's New Space
In these challenging times—lethargic economy, record-low interest rates, high market volatility, softer trading volumes and a regulatory overhaul—the top firm in the clearing space has decided to totally transform its business model.
Towers of Strength
In the aftermath of dreadful 2008 and 2009, staunch, stable clearing firms are not only being appreciated but touted by financial advisors to clients. Indeed, with...
Penson Misses Earnings Due to Expenses, Weak Trading
Penson Worldwide reported net revenues of $71.11 million and a net loss of $7.4 million, or $0.29 per share, for the second quarter ended June 30.
Penson Worldwide, Prudential, and Sun Life Post Q1 Results
As the first-quarter earnings season winds down, Penson Worldwide, Prudential Financial, and Sun Life Financial reported their earnings with mixed results.
Tighter financial industry rules and regulations en route via the Obama administration have clearing firms psyched up and ready: They see the developments as a...
Clearing a New Landscape
It's no secret that the global financial collapse has pushed vitally important risk management front and center. And perhaps no other segment of the financial services...
Choose Your Partner
It's not a question of any port in a storm -- it's the right port ... in a tsunami. That's what independent broker-dealers are seeking...
Keeping Clearing Clients Happy
Freud famously asked: What do women want? Women, of course, want what clearing-firm clients want: to be listened to. Listening is a simple concept; yet...