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U.S. Market Makers Are Going Global

Traders Magazine, June 2000

Sanford Wexler

One sign that globalization is more than a buzzword: U.S. market makers are planning to ratchet up the number of foreign stocks they trade, according to a poll by Traders Magazine.

Knight Securities expects to expand its foreign roster from 400 to 1,200 while its smaller Jersey City neighbor, Hill Thompson Magid projects an increase from 200 to 300. The results were carried in the most recent market makers survey conducted by this magazine.

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