WSOD Buy Raises Few Questions


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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