Bloomberg Terminal

This is a discussion on Bloomberg Terminal within the General Trading Chat forums, part of the Reception category; If you must have one, go for Reuters. Just have a good think about it, is all I'm saying; £1200 ...

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Old May 20, 2009, 4:10pm   #36
 
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If you must have one, go for Reuters. Just have a good think about it, is all I'm saying; £1200 is a lot of money for information that can be gathered for free with a little effort.
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Old May 20, 2009, 4:14pm   #37
 
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You say that it takes you a day to collate all your information for the month... if over an extended period of time your average daily net profit > £1200, you can theoretically justify Reuters. If not, then you can't. Besides, what's stopping you getting it done on a Sunday, that's got to be worth £1200. I'll do it for you for half that.

You'd be far better off paying £1500 a month at a firm and getting Reuters, dedicated support, direct lines to the exchange, lower commissions etc...

Last edited by Skill Leverage; May 20, 2009 at 4:19pm.
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Old May 20, 2009, 4:22pm   #38
 
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Also consider that you will not get 100% of what you want from Bloomers or Reuters - you will still have to spend time researching in detail when they don't provide everything you need.
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Old May 20, 2009, 4:31pm   #39
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Originally Posted by ukdaytrader View Post
Anyway Costings are 1900 USD per month -bloomberg - 2 year contract 60 days notice for exit an exit charge of 50% of the remainder of the 2 year contract. There is also VAT on top.

For Reuters 3000 it was around 1000 - 1200 GBP per month. 12 month contract - no exit. + VAT on top.

I meant for the platform I suggested. Just curious.
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Old May 20, 2009, 9:56pm   #40
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ukdaytrader started this thread Gamma - cheers for that - its got RNS which is what I was specifically looking for.

Skills I cant do that as if you think that I need to look at say 10-12 sectors, place trades in respect of timings and look at other opportunities - I am out of time. At the moment I work from 8.00am to around 7 - 9 pm everyday 5 days a week and then some over the weekend.
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Old May 20, 2009, 10:02pm   #41
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ukdaytrader started this thread A more detailed look - this is really excellent , exactly what I was looking for, I think - Id like to see what the disclaimers are on the data that is provided particularly the financial reporting stuff. I've enquired about the pricing.
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Old May 21, 2009, 8:44am   #42
 
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Quote:
Originally Posted by ukdaytrader View Post
Gamma - cheers for that - its got RNS which is what I was specifically looking for.

Skills I cant do that as if you think that I need to look at say 10-12 sectors, place trades in respect of timings and look at other opportunities - I am out of time. At the moment I work from 8.00am to around 7 - 9 pm everyday 5 days a week and then some over the weekend.
I reckon an assistant would be more cost-effective than Reuters, but good luck with whatever you go for. 8am eh, now there's a luxurious lie-in
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