Open Platform: Two’s Not a Crowd: Market Data’s Dirty Secret

Will Bloomberg's recent outage make financial firms more willing to consider alternative offerings?

walhout

The recent global outage suffered by Bloomberg once again raises the question of how far traders and investment managers the world over depend on the effective monopoly that has dominated the market data desktop terminal landscape for the past decade and more.

Irrespective of its cause, Bloomberg’s outage last month was widely felt, sending traders home across the globe and even forcing the Bank of England to postpone a sovereign debt offering. But the blank screens point to a more chronic and w