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So I can just buy a Bloomberg terminal, start broadcasting real time stock prices and collect a fee?
by whatever1 4y ago
So I can just buy a Bloomberg terminal, start broadcasting real time stock prices and collect a fee?
- ars 4y agoCertainly, unless you sign some kind of contract with Bloomberg. (Realistically they probably make you sign.) Stock prices can not be copyrighted.
- htrp 4y agoBloomberg may not allow you to redistribute those same prices and terminate your membership. But stock prices are pretty much public knowledge (no one is coming after you for licencing for quoting a price at someone)
- tomatocracy 4y agoDelayed prices for publicly traded stocks are generally available freely. Real time prices and order book though are not, not to mention prices for anything traded OTC like many bonds, swaps, etc.
- ineedasername 4y agoDifferent situation. You don't buy a terminal, you license it. The license can dictate what you're allowed to do with the data. Rebroadcast the data and you may be just fine on copyright or any other IP, but you violate the license so Bloomberg cancels it.