CNQ APPROVES PENSON FINANCIAL SERVICES CANADA INC. AS A CNQ DEALER



TORONTO ? January 10, 2006 ? CNQ, Canada?s New Stock Exchange, announced today that Penson Financial Services Canada Inc. has joined the exchange as a participating dealer.



Penson Financial Services Canada Inc, a wholly owned subsidiary 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 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. With offices in Montreal, Toronto and Vancouver, PFSC has correspondent relationships across Canada 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.



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 Street West, 11th Floor in Montreal, Quebec. Additional information about PFSC may be found online at www.penson.ca.



PFSC?s trading number is 05. For any trading inquiries please call Penson Toronto Trading: 416-814-2563 or 1-866-660-6698.



CNQ's participating dealers now include:



Blackmont Capital Inc., BMO Nesbitt Burns Inc., Byron Securities Ltd., Canaccord Capital Corporation, Desjardins Securities, e3m Investments Inc., Global Securities Corporation

Haywood Securities Inc., Integral Wealth Securities Limited, Jones, Gable & Company Ltd., Laurentian Bank Securities Inc., Leede Financial Markets Inc., MacDougall and MacTier, National Bank Financial, Northern Securities Inc., Octagon Capital Corporation, Pacific International Securities Inc., Penson Financial Services Canada Inc., Research Capital Corporation, Scotia Capital Inc., TD Securities Inc., Union Securities Ltd., Wolverton Securities Ltd., W.D. Latimer Co. Limited



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 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 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. Information about the alternative market may be found at www.alternativemarket.ca.



For further information please visit www.cnq.ca or contact:



Natasha Blackburn, Manager-Market Development, CNQ

604-331-1213 x119 [email protected]