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They also have reference data on tens of thousands of bonds, and have correctly implemented bond math and risk analytics for these issues. As retail typically
by JackFr 4y ago
They also have reference data on tens of thousands of bonds, and have correctly implemented bond math and risk analytics for these issues.
As retail typically trade stocks and not bonds, retail traders miss what makes Bloomberg terminals indispensable for institutions. You cannot trade bonds without one.
- infinite8s 4y agoIn fact Bloomberg initially started as a bond calculator.
- traceroute66 4y ago> You cannot trade bonds without one Yup. In a previous life I worked in the vicinity of someone who only occasionally traded corporate bonds. When that time of the month/quarter came up, they would do some limited research as best they could, but then ultimately the phone would be picked up to someone with a Bloomberg and the words "what does your Bloomberg say about X ?" uttered. They would only make their decision after that. Bloomberg have built themselves a truly solid moat when it comes to fixed-income data.