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Canada's New York Boutique Eyes U.S. Trading Expansion

Traders Magazine, July 2003

Peter Chapman

Harris Nesbitt Gerard (HNG), formerly Gerard Klauer Mattison, is positioning itself to become a bigger player in U.S. equity trading now that it's owned by one of Canada's largest banks. The New York-based boutique, which became a unit of BMO Financial Group last month, plans to expand its research list to accommodate BMO's equity underwriting strategy. The move is expected to translate into more volume for the trading desk, say execs.

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