Bloomberg will more than happily take your money for a terminal every month. It's their business model. But the FX trading part is basically for banks and financial institutions as it's run on bilateral credit. But the earlier question is a good one - why do you or this trader you work for see the need to use Bloomberg.

What specifically about that channel and it is only a delivery channel after all makes it attractive? Have you compared it to similar liquidity delivery options? Do you even know what these are? I think you will find this a useful exercise for yourself. You may also get better answers here that way. One thing to note is that Reuters are the better fx provider.

They have the legendary dealing system that has been in place for donkeys years. JonathanPaul Junior member. Forker - You may want to revisit your statement as Bloomberg is now the far superior terminal for FX traders. JonathanPaul said:. Hi Forker. I really apprecaite your feedback, yes my pay check does obviously come from Bloomberg, and I may be slightly bias towards the system, however yout view is slightly scwed.

Reuters developed Eikon to try and compete with the Bloomberg terminal, they threw a huge amount of money at it and it has been proven to be a complete waste of money, as I can honestly say we have never had a removal of a Bloomberg terminal due to an Eikon displacement. In regards to Bloombergs update in technology, when was the last time you actually saw Bloomberg? Bloomberg gets updated every single day with new functions, updated skinning of functions and so on.

Have you not seen the Launchpad adverts on BBG TV? Bloomberg has also recently hit , installed terminals, this is the largest we have ever been. On the FX side, if I could draw your attention to www. com some of the FX players on here will know this as one of the leading magazines in the FX world.

For the last 2 years, readers of FX week have now awarded Bloomberg No1 for FX market data and dealing technology. Knocking Reuters off the top spot. So in 2 years we have taken a huge piece out of Reuters, Currenex, T and other similar platforms. What you also have to apprecaite is that Bloomberg is a multi asset class platform, it was the first fixed income platform ever, it now combines, equity, fx, corporate and govi markets, fx and commodities all in one platform. It also now has the best charting package on the market included, with every possible technical indicator available, also combining market making news, which is proven to be quicker the reuters now when breaking news to the market.

And dont forget the largest Analytics package, Risk, portfolio building package and a commuication package including BBG IB and MSG. Forker, I would really like to meet with you, just to give you an update on the system and show you what you can use it for. If you like it I would also be willing to set you up with a trial for a month or two, and I am pretty sure that you would not need your Eikon or your Esignal.

In the other posts you mentioned that your a little hacked off with your Eikon, and its charting isnt that great, let me show you something that is much better and more cost effective for you.

I would like to take the opportunity to meet with you, please do give me a call to discuss or drop me an email on jpaul25 bloomberg. com We do buy out people from their Eikon contracts so could save you a few pounds. jamezz34 Active member. TBH I'd rather spend that kind of money on sell-side research publications FX and Macro to combine technical with fundamental. Probably get a better return on your money that way. You must log in or register to reply here.

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You should upgrade or use an alternative browser. Bloomberg forex trading. Thread starter bakaul Start date Nov 24, Watchers 5. bakaul Newbie. Hello everyone. I'm new to this forum and to the trading business. I was interested to trade in Bloomberg forex trading platform.

Unfortunately, I have very little info on how to do that. Could anybody tell me the steps I have to go through? HowardCohodas Experienced member. Given that you are new to trading, why are you interested in this particular platform?

I'm working for a trader who's looking to invest in this platform. My job is to find out more about the whole process. Could you kindly tell me how to do that? bakaul said:. Click to expand scose-no-doubt Veteren member. Why not start of on the bloomberg site instead of t2w? forker Senior member. Why not use eikon instead. Martinghoul Senior member. You need to pay for BBG and you get, o marvel of marvels, the whole FX trading platform for free Bbg, eikon All those premium platforms are not simply available though an online application that allows credit cards.

These firms require you to contact them directly. You will need to know exactly what you need and be careful the person on the line is a sales person that will try offer you extra. Typically they only interested in number of seats and steer clear of individuals although as I already said they will try flog you more than what you need.

You are looking at a monthly payment of between and upward data specific. GammaJammer Experienced member. It's actually not really anything to do with that actually. Bloomberg will more than happily take your money for a terminal every month. It's their business model. But the FX trading part is basically for banks and financial institutions as it's run on bilateral credit. But the earlier question is a good one - why do you or this trader you work for see the need to use Bloomberg.

What specifically about that channel and it is only a delivery channel after all makes it attractive? Have you compared it to similar liquidity delivery options? Do you even know what these are? I think you will find this a useful exercise for yourself. You may also get better answers here that way.

One thing to note is that Reuters are the better fx provider. They have the legendary dealing system that has been in place for donkeys years. JonathanPaul Junior member. Forker - You may want to revisit your statement as Bloomberg is now the far superior terminal for FX traders. JonathanPaul said:.

Hi Forker. I really apprecaite your feedback, yes my pay check does obviously come from Bloomberg, and I may be slightly bias towards the system, however yout view is slightly scwed. Reuters developed Eikon to try and compete with the Bloomberg terminal, they threw a huge amount of money at it and it has been proven to be a complete waste of money, as I can honestly say we have never had a removal of a Bloomberg terminal due to an Eikon displacement.

In regards to Bloombergs update in technology, when was the last time you actually saw Bloomberg? Bloomberg gets updated every single day with new functions, updated skinning of functions and so on. Have you not seen the Launchpad adverts on BBG TV?

Bloomberg has also recently hit , installed terminals, this is the largest we have ever been. On the FX side, if I could draw your attention to www. com some of the FX players on here will know this as one of the leading magazines in the FX world. For the last 2 years, readers of FX week have now awarded Bloomberg No1 for FX market data and dealing technology.

Knocking Reuters off the top spot. So in 2 years we have taken a huge piece out of Reuters, Currenex, T and other similar platforms. What you also have to apprecaite is that Bloomberg is a multi asset class platform, it was the first fixed income platform ever, it now combines, equity, fx, corporate and govi markets, fx and commodities all in one platform. It also now has the best charting package on the market included, with every possible technical indicator available, also combining market making news, which is proven to be quicker the reuters now when breaking news to the market.

And dont forget the largest Analytics package, Risk, portfolio building package and a commuication package including BBG IB and MSG. Forker, I would really like to meet with you, just to give you an update on the system and show you what you can use it for. If you like it I would also be willing to set you up with a trial for a month or two, and I am pretty sure that you would not need your Eikon or your Esignal.

In the other posts you mentioned that your a little hacked off with your Eikon, and its charting isnt that great, let me show you something that is much better and more cost effective for you. I would like to take the opportunity to meet with you, please do give me a call to discuss or drop me an email on jpaul25 bloomberg.

com We do buy out people from their Eikon contracts so could save you a few pounds. jamezz34 Active member. TBH I'd rather spend that kind of money on sell-side research publications FX and Macro to combine technical with fundamental. Probably get a better return on your money that way. You must log in or register to reply here.

Similar threads S. Trading Forex in the United States. symbolensemble Sep 27, Forex. Replies 0 Views Sep 27, symbolensemble. Next Step To Trading. ForexLobbster Feb 27, First Steps. Replies 18 Views 3K.

Sep 21, MonkeyMike. Daniele Jun 22, General Trading Chat. Replies 3 Views Aug 31, CSFX. NaviHH Aug 7, Darwins.

I think you will find this a useful exercise for yourself. USDCAD sniffs the rising hour MA and bounces on the first test hour MA at 1. If you like it I would also be willing to set you up with a trial for a month or two, and I am pretty sure that you would not need your Eikon or your Esignal. jamezz34 Active member. Unfortunately, I have very little info on how to do that. com We do buy out people from their Eikon contracts so could save you a few pounds.

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