Who uses Bloomberg professional?

more newbie questions

Thanks! I am such a newbie, but what is the difference between Reuters 3000xtra and Reuters dealing? Is this the same as Thomson One?:eek:
 
So someone would need both Reuters Dealing and 3000xtra to do what bloombreg allows you to do in one package?
 
So much drivel in here it's hilarious. Appreciate this is an old thread but for anyone who may search again in the future, it's worth having some things cleared up.

Bloomberg is not for the retail community - it's a professional service. It currently costs $2000/m (slightly cheaper when you have more than one). It was designed as a fixed income product but now covers all markets (and extremely well, at that). There is no difference in price or functionality between Anywhere or Open, just the fact that one can be used wherever you want.

Last year it won 'best TA platform' and 'best data provider' from the Technical Analyst awards. It has an extremely powerful strategy backtesting tool, complete with an optimiser. You can also programme your own indicators, using either BBG's proprietary language or through the .NET framework (C#, C++, VBA, etc). The data feeds to excel are also fantastic, but with a slower refresh rate than Reuters (which you will not notice unless you're a quant at a multi billion dollar fund).

If you're at a fund/professional outfit and are considering it, as someone mentioned above, they will usually sort you out with a free trial. It's no biggie for them whether you take one or not. If you do, their support is second to none. The guy ranting above obviously had a bad experience but I don't know anyone else who'd support what he's saying. The reps I've spoken with generally know enough for me to work with, plus they have ex-market specialists as well who you can speak at a higher level with.

...oh, I should add that I'm in no way affiliated to them. But I've been using BBG for a few years and just reading over this thread made my stomach churn. Bye.
 
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