Penson Financial Services
Joe Torres is a seasoned finance professional with extensive experience in margin trading and foreign exchange. Currently serving as a Senior Margins Specialist at Penson Financial Services since September 2009, Joe has a proven track record in managing complex financial transactions. Previously, Joe held the position of Sr. Treasury Specialist for Foreign Exchange at Electronic Data Systems (EDS) in 2000, overseeing daily trading with an average monthly volume of $3.4 billion. Additionally, Joe worked as a Trader in the Fixed Income Division at Fidelity Investments, handling treasury and mortgage-backed repurchase agreements and managing average daily repo balances of $30 to $35 billion. Joe began their career at Fidelity as a Financial Service Registered Representative, focusing on high net worth clients. Joe holds a BA in Economics from The University of Texas at Austin.
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Penson Financial Services
Penson Worldwide, Inc. (Penson) is a provider of a range of critical securities and futures processing infrastructure products and services to the global financial services industry. The Company’s products and services include securities and futures clearing and execution, financing and cash management technology and other related offerings, and it provides tools and services to support trading in multiple markets, asset classes and currencies. The Company supplies a flexible offering of infrastructure and related products and services to its clients, available both on an unbundled basis and as a fully-integrated platform encompassing all of its products and services. The Company has operations in the United States, Canada, the United Kingdom and Asia. The Company conducts business through its wholly owned subsidiary SAI Holdings, Inc. (SAI).