Lastly, BBG employs thousands of people, some of them are uploading new excel templates every single day! Others are sitting by their desk waiting to give you top tier service. This is a really nice feature that allows you to go beyond BBG's enormous data set. For example, I can integrate ORATS data with the terminal. When I did the BMC they said there were 250,000 terminals globally being used everyday.īBG also gives you access to third party vendors. If I want to share data with a PM at firm XYZ, I can send him BBG data because he will most likely be subscribed. The reason why Bloomberg is still around is because of the networking ability. There are lots of data providers that offer better data than Bloomberg. Do you think that Trading Terminal would be a possible KickStarter project? And could raise at least $250k?

Do you think it could be an unsolvable problem? The second problem is the budget, in order to make the software perfect the budget must be at least a few hundred thousand dollars. They told me that it's not that difficult to write such a 'perfect' software the biggest problem in their opinion is the broker integration. I have connections to a few very excellent software engineers from the MIT, and they are really into it. The price was in my opinion a bit to high for that experience I got there. I tried it for two weeks and the experience I got there was not great but alright. But i really think their biggest 'advantage' is their aggressive marketing campaign. The only software that i know, that really try it to become the all-in-one solution is StocksToTrade. If you never worked with Bloomberg before, it's all integrated and you don't need anything else, literally.

(depending on your strategies of course) All the softwares have their advantages and disadvantages, like ThinkOrSwim for Options or Ninjatrader for futures but none of them is really perfect for Stocks. But if you are honest none of these tools is really great and have all the information you really need to trade. Maybe I'm wrong, maybe i just could not find the right tools, but I'm trading now for a couple of years and I found a few usable software like E*Trade Pro, TWS, ThinkOrSwim or Ninjatrader. I'm currently studying economics and have access to a Bloomberg terminal, I recognized a big gap between the institutional tools and the tools for individuals. I would like to know your opinion about a project I'm dreaming now for months or even years.

Bloomberg terminal alternative