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The only thing that this shares with the bloomberg terminal is that it can do equities and is on a terminal. Sort of irks me because a bloomberg terminal can d

by wyxuan 6y ago

The only thing that this shares with the bloomberg terminal is that it can do equities and is on a terminal. Sort of irks me because a bloomberg terminal can do so much more: level 2 data, trading capability, damn near instant news alerts, options, debt instrumentals + so much more - and I get it, this isn't meant for that same crowd and this is pretty well flushed out for a retail investor. But the comparison with the bloomberg terminal is a bit of a head scratcher

ionicdev 6y ago
Something like docoh.com will get you a bit closer, including instant alerts
schoen 6y ago
Maybe it's like a Bloomberg terminal as of a few decades ago? I think access to market data is a challenge in trying to replicate more of the present-day Bloomberg terminal. First because it's so voluminous (as people elsewhere in this thread have said), and second because so much of it is commonly provided under license for a fee (and with nondisclosure obligations) (and also subject to the trend where people pay more to get or generate market data that's closer to real-time). But in terms of the feature competition, I think people have upvoted this so much because it's an initial version of a single person's passion project that manages to put a whole bunch of financial information at your fingertips. With an active community (and modulo the important data access issues), it could easily grow and grow and grow in functionality.
- Cullinet 6y ago
  a couple of decades ago the bloomberg was massively more than that already
kolinko 6y ago
Brittanica also had much more than Wikipedia. And Unix could do much more than Linux. This is how great open source begins.
twic 6y ago
Also, this looks like it's purely for equities - no bonds, futures, options, swaps, etc. I suspect that by volume of risk traded by users (not purely through the terminal), equities are a minority of what the Bloomberg terminal supports. Still, this is a cool hack. I understand that it is not a genuine attempt to unseat Bloomberg!
- adeelk93 6y ago
  I know, I got excited when I saw the headline, only to discover it’s yet another equity-only tool

by wyxuan 6y ago

ionicdev 6y ago

Something like docoh.com will get you a bit closer, including instant alerts

schoen 6y ago

Maybe it's like a Bloomberg terminal as of a few decades ago? I think access to market data is a challenge in trying to replicate more of the present-day Bloomberg terminal. First because it's so voluminous (as people elsewhere in this thread have said), and second because so much of it is commonly provided under license for a fee (and with nondisclosure obligations) (and also subject to the trend where people pay more to get or generate market data that's closer to real-time). But in terms of the feature competition, I think people have upvoted this so much because it's an initial version of a single person's passion project that manages to put a whole bunch of financial information at your fingertips. With an active community (and modulo the important data access issues), it could easily grow and grow and grow in functionality.

Cullinet 6y ago
a couple of decades ago the bloomberg was massively more than that already

kolinko 6y ago

Brittanica also had much more than Wikipedia. And Unix could do much more than Linux. This is how great open source begins.

twic 6y ago

Also, this looks like it's purely for equities - no bonds, futures, options, swaps, etc. I suspect that by volume of risk traded by users (not purely through the terminal), equities are a minority of what the Bloomberg terminal supports. Still, this is a cool hack. I understand that it is not a genuine attempt to unseat Bloomberg!

adeelk93 6y ago
I know, I got excited when I saw the headline, only to discover it’s yet another equity-only tool