WSOD Buy Raises Few Questions

RESEARCH & COMMENTARY

Reaction to Goldman Sachs' buyout of Wall Street on Demand has been muted, as most firms appear unconcerned that one of their providers is now owned by a competing broker-dealer (IMD, May 8).

Only one firm contacted by IMD expressed any concern about the deal. "We are taking a closer look at [our use of] Wall Street on Demand because it is now owned by Goldman Sachs," says a data executive at one sell-side firm, who is keen to ensure none of the firm's proprietary data could find its way back

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