7 ms·
Show HN: OpenBB Terminal – Investment research for everyone
- sposeray 4y ago[dead]
- mulmen 4y agoWhere does OpenBB get data and how does it compare to what Bloomberg offers?
- moremetadata 4y ago[flagged]
- chrisstu 4y agoTotally off topic comment. Why are you here?
- canadiantim 4y agoI found it relevant and helpful, so I’m glad they posted. Why are you here? If not for discussion of the topic at hand?
- sexy_year 4y agoFrom 92 different data sources. It's not our data, it's their data. We just provide it under OpenBB terminal and API, in 1 place. So you don't need to read 10 different data sources documentations and it's all standardized by us
- mulmen 4y agoThanks. That wasn’t clear on the webpage. There’s prominent claims of how many GitHub stars you have but I couldn’t really tell at a glance what the capabilities are here.
- filmgirlcw 4y agoThese people spammed everyone who starred their GitHub repo last year, so be aware. https://news.ycombinator.com/item?id=30900237 https://news.ycombinator.com/item?id=30900237 I found the project interesting, but those tactics immediately turned me off.
- Semaphor 4y agoFWIW, I find the founder's apologies in the issue thread [0] believable. Not as in "they were right", but more "they thought this was useful, realized they were completely off base, and it will not happen again". [0]: https://github.com/OpenBB-finance/OpenBBTerminal/issues/1625 https://github.com/OpenBB-finance/OpenBBTerminal/issues/1625
- filmgirlcw 4y agoI'll be honest, I was angry enough about the email that I unsubscribed and blocked their emails. It’s a one and done situation for me. I personally have zero interest in any project that thinks it’s a good idea to scrape the emails of people that star their repo, subscribe them to a MailChimp mailing list, and send them marketing emails, as if this is Product Hunt (who also wouldn’t allow this without opt-in) and not a code sharing platform. It’s great they apologized, but for me, it was a one strike, you’re out scenario. And it underscores what I see as a significant misunderstanding of why something should be open source. It shouldn’t be seen as a marketing funnel. And if the only reason something is offered as OSS is as a marketing funnel, gather your data somewhere other than GitHub. Disclosure: I work at GitHub but had only just joined as an employee when this happened. Had I been there longer than like two days, I would have probably flagged the account and let the abuse team make a decision on it.
- supahfly_remix 4y agoBloomberg's value is the timely access to data and analysis. What data does the provide? I didn't see it on the page.
- nuthje 4y agoMain value is the chat still.
- jshaqaw 4y agoFor equities that is true and most Bloomberg functionality can be replicated with Sat Interactive Brokers plus some data subscriptions. Doing fixed income manually without the data pre populated in Bloomberg is very painful. But yes, the chat is where the franchise is and recent SEC actions punishing any non compliant communications like texts or alternative messaging services with massive fines have only given that moat another decade at least of invulnerability.
- jcrben 4y agoWhat is Sat Interactive Brokers? I've used Interactive Brokers for a long time and never heard of Sat.
- xmcqdpt2 4y agoThere are other non-Bloomberg compliant chat applications. Symphony is the big one https://symphony.com/ https://symphony.com/ but also whatsapp and imessage from company-owned devices. The fines were about chat communications from personal devices.
- hackernewds 4y agoI think you're missing the point. it's not the chat application. it's the participants that are in the chat in Bloomberg
- sexy_year 4y ago
- mungoman2 4y agoLooks great, but I can't find on a glance where the data is sourced from?
- raj_96 4y agoAt a quick glance, I found these: Forex: - fxempire.com - alphavantage.co Crypto: - polygon.io - Script for Binance and Coinbase for putting orders I presume Fixed income: - ecb.europa.eu Alternative: - hacker-news.firebaseio.com Macro: - api.nasdaq.com - econdb.com - fred.stlouisfed.org
- sexy_year 4y agoThere's almost 100 in total Some of them can be found here: https://docs.openbb.co/terminal/quickstart/api-keys https://docs.openbb.co/terminal/quickstart/api-keys
- Buxato 4y agoCool, Linux binaries would be much appreciated.
- rawoke083600 4y agoWhat we really need is an alternative to tardis.dev for crypto historical data. Especially options data. They hellish expensive:(
- marban 4y agoFor real-time news and trending stuff: https://biztoc.com https://biztoc.com
- theGraduate 4y agoWell done, looks very nice!
- hackernewds 4y agoastroturfing?
- yazzku 4y agoPossibly. But the site loads an order of magnitude faster than the ones it links to, aggregates all the updates in one place, and isn't riddled with Facebook/Google/Twitter crap. If there are trackers, they are not obvious to me. Seems like a pretty decent page?
- dan-robertson 4y agoIsn’t the next best thing Eikon?
- eminent101 4y ago> Can’t afford Bloomberg Terminal? No prob, I built the next best thing Why has the title been editorialized to make it so much clickbait? Can you not use the simpler title from the README or About of the project? EDIT: Does this comment thread look fishy to anyone else? Multiple new accounts created <= 10 days ago coming up and commenting here to answer other commenters, or praise OP/related commenters. Is this some kind of covert, unethical marketing going on? Wouldn't be suprising because they have done it before too. [1] [1]: https://news.ycombinator.com/item?id=35028675 https://news.ycombinator.com/item?id=35028675
- 1980phipsi 4y agoThe main thing I use the Bloomberg terminal is economic data. While other services may have more data or better charting, Bloomberg’s offering is updated very quickly, which is useful for trading. You can get both the headline number and then potentially a minute or two later a statistical summary to capture the most important info. I could easily convince my company to pay 20 dollars a month for someone to do this one part of Bloomberg as good as they do it. The problem with using BBG for this is that I have a shared team Bloomberg and Bloomberg clamped down on using those remotely. If I could use it remotely, then I would just do that.
- hackernewds 4y agowhat other services exist? also I believe the comments disparaging this post seem to not even have tried it, and uncover themselves as astroturfers from Bloomberg
- anton_ai 4y agoCan I ask you what kind of economic data do you use? I use ECFC forecasts but for others data, labor market for example, I would go in the site that publish it, so BLS for US, ONS for UK, Eurostat for EU, or FRED that is a good aggregator of US data
- 1980phipsi 4y agoSorry for the delayed reply. I use ECO/ECFC in Bloomberg, along with various charts of economic data. I also use Factset, which has a lot of the same functionality. The difference is that when the report comes out, it is on Bloomberg essentially immediately, but that's not the case for Factset. If I have a call five minutes after the report comes out, I can use Bloomberg to get a quick snapshot of the data. If I go directly to the BLS website, I have to go through 4-5 tables to get the information I need. Bloomberg puts together statistical summaries of the most important info. Bloomberg also has consensus forecasts (so does Factset), which the sites that publish the info don't have.
- rdclds 4y agothis is the most amazing piece of software I've seen in a while
- jonp888 4y agoOh, here we go again. Yet another project that offers 0.0001% of the functionality of a Bloomberg Terminal(or one of it's genuine competitors) marketing itself with a clear comparison. I wish people would stop doing this, it just makes them look stupid in the eyes of anyone that has actually used one.
- deleted 4y ago[deleted]
- axelbaws 4y agoWhat are some of those features?
- prenoob 4y agoMost people who use terminals do it to trade fixed income products for one.
- adeelk93 4y agoExactly - and the challenge with that is the data is sometimes only available on BBG. So by not using BBG, you’re missing data, and are at a disadvantage. This is a data problem, not a software problem. The solution isn’t open source, it’s regulation. I’m an American, so I don’t know much about EU markets, but I’m under the impression they have more mandated transparency in fixed income via ESMA https://www.esma.europa.eu/issuer-disclosure/electronic-reporting https://www.esma.europa.eu/issuer-disclosure/electronic-repo... Will that happen? I don’t know. We still use CUSIPs over OpenFIGI, paying for all that S&P licensing, despite a great free alternative. Slow moving industry.
- sexy_year 4y agoYou are clearly missing the point of an open source investment research platform. OpenBB doesn't own any data. But by providing an open source infrastructure, any data can be hooked up into a single platform. So your argument about BBG isn't valid, because with what we are building there's no reason why OpenBB couldn't integrate with BBG data feeds (if they were open to it). Regardless, I agree that the Bbg comparison is more for marketing. Our approach is substantially different for a different market.
- zipzappy 4y agoHow do use the stock screener to, for example, screen for stocks that are under 200 million in market cap, have 20 million is revenue and gross margins of 20%? I couldn’t make sense of how the subcommand works.
- mulademarihuana 4y ago[dead]
- deleted 4y ago[deleted]
- canadiantim 4y agoThis is actually really epic to be able to use, wow. Congrats on making such a product! EDIT: I initially thought this was open source data but I was wrong, you still need to pay for api’s to feed into this tool, so significantly less useful than I thought. A man can dream
- sroussey 4y agoIt does have some data scaling for data, but yeah for more in depth and real time you need API keys. Now if you happen to already have that…
- sexy_year 4y agoAll data sources on the terminal allow you to use them for free. The only thing needed is you signing up on their page to get an API key. https://docs.openbb.co/terminal/quickstart/api-keys https://docs.openbb.co/terminal/quickstart/api-keys After that your API key will allow you limited usage, e.g. AlphaVantage allows 5 requests per minute. This means that if you want more access you'll have to subscribe to one of their premium tiers.
- duckqlz 4y agoI think most people who have used a BBT or anything similar know that the main thing you are really paying for is the data subscriptions. While an open source solution would be amazing there is no incentive for anyone to provide you with real time data. Without the vast number of resources that an actual BBT can pull in you just have a charting software with a Twitter feed. At the end of the day the yearly cost of a BBT is surprisingly justifiable if you have the need for real time data for some use case like quick arbitrage trades. However, most people who would want to use this probably want to day trade and chase the market which is an awful idea and will likely lead them to spending more money on data and psychiatrists than they would have ever made on the market.
- vostok 4y agoYou pay for most real time data on top of the Bloomberg subscription. Bloomberg would be an unrealistically good deal if it included real time data.
- duckqlz 4y agoThis is not the case at all. They provide their own proprietary non-conflated data for a bunch of different classes (markets, prices, research, news, etc) and it’s packaged with their yearly licence fee of ~30K USD per year. They have a website you can read about what they offer in their software with the licence. [1] https://www.bloomberg.com/professional/product/data/ https://www.bloomberg.com/professional/product/data/
- sroussey 4y agoBBT works with paid data subscriptions of various kinds. There is a location for the various keys for access.
- sexy_year 4y agoReal-time data is overrated. A big majority of BBT users don't rely on it at all. Not speculation, just actually talking with users ... FWIW, Databento has just announced a partnership with OpenBB (https://www.linkedin.com/posts/databento_openbb-investment-research-for-everyone-activity-7037391791448350721-X_dH?utm_source=share&utm_medium=member_desktop https://www.linkedin.com/posts/databento_openbb-investment-r...) and they provide real-time data
- lifeisstillgood 4y agoI'm going to come to their defence here. Imagine a BB terminal not for data source's like the FED or yahoo stocks but for the HR department and the operations reports - imagine a company that starts turning its internal APIs into a terminal like this - just taking out the whole powerpoint reporting in large companies will up GDP by a whole two percentage points.
- amon22 4y agoSounds like a cybersecurity and compliance nightmare.
- vineyardmike 4y agoSome companies have things like this in various forms. I don’t know how thoroughly they’re used however. Factories and similar have charts/dashboards often prominently displayed with daily metrics and surely someone in “the offices” are tracking that too. Most tech companies with metrics on their services have “business level” metrics that are readily accessible (eg daily customer use, costs, etc). At Most places I’ve worked the Jira/bug tracker tools have emitted metrics that I’ve seen managers use and track too. Also I imagine most places that have these metrics… you’ll also find they export an image of the graph into PowerPoint. PowerPoint graphs are embedded in other information on the slides/presentation and live data isn’t needed.
- RockyMcNuts 4y agoreally what OpenBB is, whether they realize it or not, is a one-stop setup and UX for a lot of the python data tools, which are pretty great and could use an integrated framework. One UX instead of accessing FRED, Polygon, FMP, AlphaVantage etc. with pandas datareader in a Jupyter notebook is pretty good. The OpenBB name is a bit of pushy marketing. It beats GameStonk Terminal which was (no joke) the original name. But tbh, might be just a matter of time before they have to change it for legal reasons. But also, there will be some publicity in the forced name change.
- sexy_year 4y agoBest comment I've read so far. Agree.
- indigodaddy 4y agoNever heard of this and just got finished reading a bunch of the comments on this thread. My takeaway: Looks like a pretty awesome product. I feel like it’s a little short-sighted to get caught up in one mistake that the people behind this made last year—- deflecting focus on the product itself and the future of the project going forward.
- sexy_year 4y agoAppreciate this more than you know. What we did was wrong, everyone knows it. We came out and apologized. We discussed this for days after it happened internally and with our investors/advisors. But there's nothing else we can do.
- shyn3 4y agoI was curious if this would let me make charts with notes and markers. I've gone down the path of looking for a way to have a csv with candlestick data and have rows with notes and dates so those dates and notes are marked on the chart in different colours.