Malaria Mukt Bharat. Wealth Wise Series How they can help in wealth creation. Honouring Exemplary Boards. Deep Dive Into Cryptocurrency. ET Markets Conclave — Cryptocurrency. Reshape Tomorrow Tomorrow is different. Let's reshape it today. Corning Gorilla Glass TougherTogether. ET India Inc. ET Engage. ET Secure IT. This is how the Bloomberg Terminal is becoming the backbone to financial businesses of the future.
They are one of the most heavily used and highly regarded professional investment systems to be created for the financial marketplace. Institutional investors are the typical customers of this product since the relatively high ongoing cost makes it unfeasible for individual investors with relatively small amounts of capital to purchase. The system provides news, price quotes , and messaging across its proprietary secure network.
It is well-known among the financial community for its black interface, which is not optimized for user experience but has become a recognizable trait of the service.
It's not uncommon to see Bloomberg's rather bland visuals carried into their television station, although they round their media empire out with visually rich content in their flagship magazine Bloomberg Businessweek.
The terminal includes both a hardware and software system and is a Windows-based application, making it compatible with the popular Excel program, a very important aspect of the system for those in the finance industry. Bloomberg also offers users access to the application online and through mobile devices, via its Bloomberg Anywhere service. For portfolio managers and brokers, having the ability to access real-time market information from almost anywhere in the world is an incredibly convenient and important advantage of a Bloomberg subscription.
Bloomberg's instant messaging service has become popular among traders, who use it to post quotes, updates on trades, and news about market activity.
The tools included in the Bloomberg terminal are widely used by portfolio managers, sell-side finance professionals, and buy-side analysts. Bloomberg's data sets are comprehensive and quickly updated to reflect current market activity. Bloomberg's treasure trove of fixed income data appeals to bond traders. The largest competitor to the Bloomberg terminal is Thomson Reuters , which started offering its Reuters Xtra electronic trading platform in , which was replaced by the Eikon platform in The company rebranded the Financial and Risk business under the new company name Refinitiv and announced a renewed focus on enhancing the firm's flagship products, the Eikon desktop platform and the Elektron data platform.
In , Bloomberg's market share grew to While the rivalry between Bloomberg and Reuters continues, both companies are experiencing competitive pressure from smaller firms that offer financial data and analysis at a much lower price point.
Note: the financial data can sometimes be a bit dated, so you might want to double check the date listed next to the financial statements if seeing the most recent data is important to you.
In addition to looking at descriptive information or financial fundamentals, Bloomberg can also be used to analyze a security's price history and trading patterns. For users interested in more advanced technical analysis, Bloomberg offers an advanced suite of charting capabilities. An example of a simple price and volume chart for Microsoft stock is displayed below. Bloomberg also provides easy access to company updates.
For instance, in addition to the top news stories discussed, Bloomberg also offers company-specific news. You can then click on any of those headlines in order to read the full story.
More on analyzing specific asset classes is below. When searching for publicly traded equity shares, Bloomberg allows users to search by name, exchange, country, and other such topics. Additionally, the equity menu allows users to view historical pricing on a stock see image below , read a description of the business, view any outstanding corporate debt the company may have, and view analyst reports and estimates for the stock, along with dozens of other features.
Bloomberg also allows clients to compare and contrast equities side by side, offering a comparative analysis of any two equities. Comparison fields include fundamental analysis , historical ratios, and technical charting. In addition to comparative functionality, Bloomberg also includes screeners, allowing clients to screen for stocks using a multitude of metrics.
After running a screen, users can also filter results and create custom equity sets, which allow for a quick reference of real-time results for a portfolio of equities very handy for traders , brokers and other such financial professionals.
Much like with equities, Bloomberg allows users to search for real-time data on fixed income securities. This includes corporate debt, municipal bonds , and government bonds.
Similar to the historical price screen for equities, we are able to view historical day-over-day changes in security values, along with implied yield-to-maturities, for any given day. Additionally, credit ratings and cost of capital information is available for fixed income securities.
One of Bloomberg's best features is its derivatives capabilities. Not only can clients find real-time values for securities, such as exchange traded options, and futures contracts , such as the active contract for WTI, but Bloomberg also allows users to value hard-to-price derivatives. For OTC options, for example, Bloomberg lets users customize their option valuation models , to come up with an estimated value. Once priced, users can view the values of the Greeks associated with the option in question, to verify that their price estimate is in line with those expectations.
SWAPS are a type of derivative used by large banks and institutional investors. It allows users to input the parameters of a swap agreement and come up with an estimate for the value of that swap, at any given date in time. Additionally, clients can view underlying swap curves to determine that the underlying inputs match expected values. As the swap market continues to grow, the Swap Manager tool will no doubt gain more and more popularity with analysts.
Users can view real-time rates for dozens of currencies, along with basis curves for most pairs, and rate information for a given currency. Additionally, with Bloomberg's ability to capture real-time news and economic updates, its FX capabilities are a very powerful tool for those trading in the foreign exchange market. Because Bloomberg has such a robust suite of analytics and market capabilities, getting the system to do what you want it to can be a challenge, at least until you become familiar with it.
Fortunately, there are some tricks that can speed up your learning curve. Schedule a visit from a Bloomberg representative: Particularly if you have your own system, you should take advantage of a visit from a Bloomberg representative who can walk you through the system and show you how to use some of the functions that might be helpful for what you intend to do. Get Bloomberg "cheat sheets": Bloomberg puts out "cheat sheets" that list common functions and their Bloomberg tickers.
These sheets are broken down by assets class, so if you intend to analyze equities, get a sheet with the most common equity functions, if you like fixed income, get a fixed income guide, etc.
These "cheat sheets" should give you a good starting point for navigating common Bloomberg functions. The seminars are broken down by region, so you might be interested in attending one in your area there is a fee for some of the seminars, but the majority are offered free to Bloomberg users. Incorporate Excel into Bloomberg: Bloomberg connects rather seamlessly with Excel, so you can use spreadsheets to analyze data downloaded from Bloomberg.
Even better, you can build a spreadsheet that automatically updates your data each time you open it, saving you the trouble of doing so by hand. Best of all, Bloomberg offers sample spreadsheets for common types of analysis i. You can also further customize these generic spreadsheets that Bloomberg offers in order to fit your specific needs.
This basic guide to Bloomberg has provided an introduction to one of the most practical tools participants in the financial markets can use. Unfortunately, Bloomberg can be expensive, which means that having a home system may not be practical for many readers. On the positive side though, it is often possible to access a Bloomberg terminal through a public site such as a library or university.
Because there are so many functions available in Bloomberg, this guide has been able to provide no more than a simple introduction to the system, along with an overview of some common tools that users might find useful. Once you begin using Bloomberg, you will undoubtedly find a great many more tools that fit your particular investment and trading style.
Readers interested in a more in-depth examination of Bloomberg may also want to keep an eye out for the Advanced Guide to Bloomberg on the Investopedia website. The Advanced Guide will provide more detailed instructions on how Bloomberg can be used to analyze, monitor, and trade some of the major asset classes, including stocks, bonds, currencies, and commodities.
Beyond that there are also several other tutorials available to those interested in learning more, including those offered directly from Bloomberg itself. Furthermore, many Colleges and Universities are offering Bloomberg courses, to help students gain early exposure to the most widely used tool for real-time financial data in the world of finance.
Once you are equipped with some training, it is just a matter of sitting down with the system and familiarizing yourself with it. Ziggma is new, so stay tuned for screening bonds and preferred shares. You can trust Ziggma to deliver professional-grade financial data as its founders have decades of experience working for global asset managers. Ziggma is the only stock research platform that displays industry-specific KPI for the banking, real estate and insurance industries, for example, loan loss provisions, net interest income, LTV, FFO, premium revenue, etc.
Ziggma facilitates stock research a great deal by providing proprietary stock scores based on unbiased, granular fundamental analysis, powered by cutting-edge data processing technology. Darqube can help you make effective trading decisions with more accuracy. You can calculate scenario analysis, correlations, volatilities and returns for a variety of asset types with Terminal and backtest, optimize and implement quantitative trading strategies through Tradelab.
Messenger helps you get customizable news and offers a multi-chat tool. However, if your foreseeable needs are specialized or narrow in scope a multi-tool solution might be overkill and also might not offer enough specialization for your financial market niche. By choosing the right tool to help guide your decisions and provide market insight, the cost can become a secondary consideration, however, because the right tool or suite can help you make more informed decisions , connect you with the right players in your niche, and help you prevent costly trading mistakes.
Want to learn more? You can use its BrokerCheck service to learn more about your broker before you commit. You can request a BrokerCheck report at www. You can also call Benzinga is your 1-stop-shop for trading education. Start with our review of the best day trading courses.
0コメント