Institutional Sales

Northern Securities Capital Markets Group has direct access to the exchanges and regularly handles large block transactions. The professionals that comprise this group are seasoned with extensive backgrounds in trading, sales and research, and maintain close relationships with a clientele ranging from small growth funds to multi-billion dollar investment managers.

Block Trading

Northern arranges many block trades in shares of small cap companies, generally handling both sides of the trade. These block trades provide small cap companies with the comfort of realizing that block trades can be executed without any adverse impact on their stock price. Small cap companies also benefit from a large block being crossed through many of Northern's retail and institutional clients, thereby adding to liquidity in their shares.

The block seller obtains immediate execution for its block and Northern's clients purchase shares at a discount to the market price. Northern makes a market in the shares of the company following completion of the block trade.

Equity Research

Northern Securities publishes comprehensive industry and company Research Reports providing in-depth analysis and investment recommendations. In addition, Northern's Morning Market Notes provide timely snapshot coverage of company events as they occur.

Northern Securities currently covers the following sectors:

Metals & Mining Special Situations Technology

Northern Securities Inc. Rating of Stocks Under Coverage as at June 30, 2008 Strong Buy    38.46% Buy    23.08% Speculative Buy    30.77% Hold    7.69% Sell    0.00% Tender    0.00% Under Review    0.00%

Research Rating System