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‘You have the large banks who have a significant amount of market share, [and] we think we can step in right below them and take market share away from them,’ CEO Shawn Matthews says .
‘You have the large banks who have a significant amount of market share, [and] we think we can step in right below them and take market share away from them,’ CEO Shawn Matthews says .
(Jimmy Jeong For The Globe and Mail)

Cantor sets sights on Bay Street big league

Cantor Fitzgerald & Co. is looking to get a lot bigger in Canada, targeting a slot in the market just under the country’s big bank-owned securities firm.

“If you look at the market structure up there,” said New York-based CEO Shawn Matthews in an interview, “you have the large banks who have a significant amount of market share, [and] we think we can step in right below them and take market share away from them.”