Penson Worldwide became the latest company in the
derivatives space to go public with its listing on 17
Dallas-based Penson, which provides execution, clearing,
custody, settlement, and technology infrastructure products and
services to securities firms, raised about $127m in the IPO.
Penson's share price rose 14% on its first trading day, opening
at $19.13, up from its initial $17 price. Shares closed at
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