Current Price for a Bloomberg Terminal?

Discussion in 'Trading Software' started by David Donner, Jan 26, 2022.

  1. What is the current price of Bloomberg? Is there a lowest cost option or its all or nothing?
     
  2. I was quoted $2305 USD/mo in June 2021.
    24 month minimum contract length.
    All or nothing as far as I know.
     
    murray t turtle likes this.
  3. ajacobson

    ajacobson

    Sharing can ofter save you a ton.
     
  4. Legally only works in the same legal entity/group. BBG does not even allow sharing across different product teams at banks as far as I know.

     
  5. Fain

    Fain

    they allow it.
     
  6. Sean35

    Sean35

    Why is it so expensive? What type of information are you getting? I can't imagine you are getting info that can't be found anywhere else? But for $2305/month you would have to getting a ton of value?
     
  7. ZBZB

    ZBZB

    David's faith likes this.
  8. It depends on your account size. If you you're getting information from Bloomberg that you calculate translates into a boost in annual return by 1% on an account of $10M+, it pays for itself. If your account is much smaller, you would need much more added value for Bloomberg to be worth it.

    As it is, I never did subscribe last year, but might do so in the future. For the moment, I think my time is better spent working with all the data I already have. Everyone's situation is different, though.
     
    murray t turtle likes this.
  9. Two individuals sharing a shared terminal? Yes then you are sitting in the same room and are more or less the same "entity". They have mechanisms to detect remote desktop or other tricks to get around this.

     
  10. SunTrader

    SunTrader

    "Timing is everything."

    They have been getting it for decades across 1000's of screens.

    Someone sure must think it is worth it, otherwise Mr B would never have made billionaire status.
     
    #10     Jan 26, 2022
    Clark Bruno likes this.