And then there were 7

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Bear Stearns and now Lehman and UBS have selected BNY Jaywalk as their global settlement indy research provider. Indy firms not currently affiliated with Jaywalk, or those on the platform of other aggregators, are likely either to howl over this development or dismiss it and hope that the banks with more money to  spend pick them. I’m curious to see whether outlying firms now flock to Jaywalk or if they will continue to hope for individual contracts with the remaining 7 banks.

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