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Is there an alternative to Bloomberg? I haven't ever heard of traders using anything else.
by jhull 11y ago
Is there an alternative to Bloomberg? I haven't ever heard of traders using anything else.
- pliny 11y agoReuters offers a terminal with similar capabilities.
- mikecsh 11y agoAs do CQG
- MDib 11y agoDepends on exactly what but FactSet. Have used both, FactSet is more user friendly, Bloomberg is way faster once you get used to it.
- deleted 11y ago[deleted]
- whatok 11y agoDepending on what they trade, traders aren't going to be using anything else because of the messaging on Bloomberg. There are a lot of services popping up solely as a replacement for the messaging service due to that Bloomberg reporter really fucking up and letting people know that they snoop on things and the many bank collusion scandals.
- scrumper 11y agoBloomberg's stickiness is primarily about the IM network. Everyone is on it. Familiarity is a close second, but nobody likes paying the fees and an alternative would be welcomed, particularly by clients burned by the chat log snooping scandal. There was some press quite recently about an industry-backed initiative to develop an alternative IM platform (which is a necessary first step to displacing terminals), but nothing much has been said since.