Penson gets green light for portfolio margining
Penson Financial Services, the Dallas, Texas-based provider of IT systems for execution, clearing, custody and settlement, has been cleared by the National Association of Securities Dealers (NASD) to offer portfolio margining to its customers. The vendor says it is one of only two NASD-regulated firms to have received approval for portfolio margining. According to US regulations, some securities can be held in portfolio margining accounts with just 15% initial collateral. This allows
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Waters Wavelength
Wavelength Podcast Ep. 223: IBM’s Likhit Wagle on Cloud Adoption
IBM’s general manager of global banking joins to talk about challenges and opportunities surrounding public cloud adoption and containerization.
Subscribe to Weekly Wrap emails
Most read
- FactSet, Snowflake Take Aim at Financial Data Mapping Challenges
- A Fireside Chat with Marion Leslie (SIX)
- Vendors Continue to Move Products, Services to the Cloud: Some Examples
- Covid Re-Exposed Bond Market’s Liquidity Problems—Is Change Finally Here?
- S&P/IHS Markit: OPIS Faces Spin-Off; Cappitech Beefs Up Regtech Frontline