Can you trust anyone in the market????

Can you trust anyone in this market?

Although it seems obvious to me that data vendors and brokers of all sorts might mine their customer data and attempt to
profit from it, Goldman Sachs now makes it part of their EULA for their institutional portal 360.gs.com.

"Monitoring by GS: Your use of the products and services on this Web site may be monitored by GS, and that the resultant information may be used by GS for its internal business purposes or in accordance with the rules of any applicable regulatory or self-regulatory organization."

If you aren't convinced that this data snooping might be to your disadvantage, the following legal disclaimer is surprisingly clear

"You acknowledge that we may monitor your use of the Services for our own purposes (and not for your benefit). We may use the resulting information for internal business purposes or in accordance with the rules of any applicable regulatory or self-regulatory body and in compliance with applicable law and regulation.

Thanks again to Zerohedge for posting the story. Follow the link for more documentation.

I can't imagine a better reason for small traders like myself to switch to custom programming and open source solutions. For more info--check out my other blog Open Source Tools for Traders.