CNQ Approves Penson Financial Services Canada Inc. as a CNQ Dealer.TORONTO -- CNQ CNQ Cost of Non Quality CNQ Canadian Trading & Quotation System Inc. CNQ Club Neon Quebec (Quebec Neon Club) , Canada's New Stock Exchange, announced today that Penson Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Canada Inc. has joined the exchange as a participating dealer. Penson Financial Services Canada Inc, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Penson Worldwide, is a technology focused provider of outsourcing services, offering flexible customized solutions to all types of financial institutions in the global securities market. PFSC PFSC Pacific Fair Shopping Centre (Broadbeach, Queensland, Australia) is the largest independent clearing firm in Canada and its sister firm, Penson Financial Services, Inc. is the 4th largest clearing firm in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . With offices in Montreal, Toronto and Vancouver, PFSC has correspondent relationships across Canada Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET. and employs some of the leading experts in the securities services arena. PFSC's only focus is on clearing, trade execution and outsourcing, allowing firms to focus on their core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
John Skain, Senior Vice President of Sales, Trading and Treasury for PFSC comments, "We are very excited about our new membership with the CNQ and the benefits that this will bring to our client base." Penson Financial Services Canada's head office is located at 360 St. Jacques St. Jacques can be:
PFSC's trading number is 05. For any trading inquires please call Penson Toronto Trading: 416-814-2563 or 1-866-660-6698. CNQ's participating dealers now include: --------------------------------------------------------------------- Blackmont Capital Inc. MacDougall, MacDougall & MacTier --------------------------------------------------------------------- BMO Nesbitt Burns Inc. National Bank Financial --------------------------------------------------------------------- Byron Securities Ltd. Northern Securities Inc. --------------------------------------------------------------------- Canaccord Capital Corporation Octagon Capital Corporation --------------------------------------------------------------------- Desjardins Securities Pacific International Securities Inc. --------------------------------------------------------------------- E3m Investments Inc. Penson Financial Services Canada Inc. --------------------------------------------------------------------- Global Securities Corporation Research Capital Corporation --------------------------------------------------------------------- Haywood Securities Inc. Scotia Capital Inc. --------------------------------------------------------------------- Integral Wealth Securities TD Securities Inc. Limited --------------------------------------------------------------------- Jones, Gable & Company Ltd. Union Securities Ltd. --------------------------------------------------------------------- Laurentian Bank Securities Inc. Wolverton Securities Ltd. --------------------------------------------------------------------- Leede Financial Markets Inc. W.D. Latimer Ltd. --------------------------------------------------------------------- Additional Investment Dealers Association of Canada members participate through correspondent arrangements with CNQ Dealers. CNQ commenced operations in July 2003 and became recognized by the Ontario Securities Commission The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. as a stock exchange in May 2004, the first new stock exchange in Canada in over 70 years. CNQ's innovative market addresses the needs of emerging companies and their investors by providing a transparent, electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. system with full protection of client priority. There are over 50 companies listed, 24 investment dealers with direct access to the market and additional dealers participating indirectly. Most recently, CNQ announced its intention to launch a new alternative market to trade securities listed on the TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension . Information about the alternative market may be found at www.alternativemarket.ca. |
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