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I'm guessing that previously Bloomberg either charged or didn't allow 3rd party access to their APIs so that you could develop your own apps on top of the dataf
by steve8918 15y ago
I'm guessing that previously Bloomberg either charged or didn't allow 3rd party access to their APIs so that you could develop your own apps on top of the datafeed.
By making it open, it opens up the market for 3rd party tool developers to build apps that can access the Bloomberg feed data.
To those that are complaining, I have a developer subscription to IQFeed, which charges a fee of around $70/month for delayed data, and I pay $300/yr, so Bloomberg offering it for free is pretty good. Too bad their data feed costs ~$1000/month.
- half_marathon 15y agoDoes the cost depend on the volume of data accessed or is it just a fixed amount per month?
- steve8918 15y agoThe cost of what, IQFeed? For IQFeed it's a fixed amount per month. I have no idea on Bloomberg.
- apaprocki 15y agoThere is a monthly cost and also tiered, metered usage. Keep in mind this isn't just for accessing North American exchanges. Our data customers can access all data we have, from the 110+ countries we collect feeds from.
- half_marathon 15y agoThanks for the response. Can you give a pointer to the Bloomberg pricing info, to get an idea of the fixed + variable costs?