Looking for a broker with best API

Discussion in 'Retail Brokers' started by trader2056, May 24, 2017.

  1. Robert Morse

    Robert Morse Sponsor

    Yes, if you clearing firm will allow that or you have $25mm+ to open an account through Bloomberg to where ever they Introduce to. Used to be ML.
     
    #11     May 24, 2017
  2. are you telling me you need 25 million usd to get the bloomberg terminal? Are you really sure?
     
    #12     May 24, 2017
  3. I mean. Is it not just to pay the monthly subscription fee..
     
    #13     May 24, 2017
  4. Robert Morse

    Robert Morse Sponsor

    Nope.
     
    #14     May 24, 2017
  5. BBG is $2k/mo. RM's saying you can't get global access via a bank without a big account. A blind monkey with money can get a Bloomberg terminal.
     
    #15     May 24, 2017
  6. Robert Morse

    Robert Morse Sponsor

    Bloomberg terminal cost $24,000/year-Two year contract. They are not going to let you execute without a clearing firm willing to accept and clear your trades. You are only looking at who has access and assume you can open an account at any clearing broker and do whatever you want. Does not work that way. You have to get an account open 1st, that will allow you do do this.
     
    #16     May 24, 2017
  7. ok, so the bloomberg terminal dont offer access to the exchanges itself?
     
    #17     May 24, 2017
  8. Why are you so averse to IB? In this space, for the money, they are generally considered the best.
     
    #18     May 24, 2017
  9. I am not talking about making trades. I want to use the terminal to collect data
     
    #19     May 24, 2017
  10. Robert Morse

    Robert Morse Sponsor

    This is too hard to explain this way. Call me if if you'd like.

    Bob
     
    #20     May 24, 2017