Financial crash - should I be worried by this message from MoneyWeek??

BillJones

Bantex wrote: »

My point was just that because these are large established and respected organisations, does not always mean any conclusions they come to are correct.

They don't come to conclusions. They tell me where the 10Y GBP swap price is right now (for example), and where it has been.

Tell me, though, if you don't trust Bloomberg and Reuters for this, where exactly would you suggest I should seek out the current Red March Eurodollar price?

BillJones

Generali wrote: »

Reuters have a new(ish) product called Eikon that threatens Knight Ridder in the useless stakes.

We've got a demo version in the office and if I didn't know better, I'd swear we had it on dial-up.

It also steals the top of your Excel sessions, neatly removing useful information and replacing it with "Eikon is online". Brilliant.

Generali

BillJones wrote: »

It also steals the top of your Excel sessions, neatly removing useful information and replacing it with "Eikon is online". Brilliant.

Hmm. It could try honesty: Eikon is okay-ish but nowhere near as good as Bloomberg. It is a lot cheaper though.

I guess that might take up a couple of lines.

MrRee_2

Yes, there is .....
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Join HPC with all the other 'has beens' and losers

BillJones

Generali wrote: »

Hmm. It could try honesty: Eikon is okay-ish but nowhere near as good as Bloomberg. It is a lot cheaper though.

In a world where we are all being pushed to move to one provider, Reuters have really shot themselves in the foot with this one.

It's a nice touch that when I ask how to remove the spam taking up my screen real estate they become totally unresponsive.

Generali

BillJones wrote: »

In a world where we are all being pushed to move to one provider, Reuters have really shot themselves in the foot with this one.

It's a nice touch that when I ask how to remove the spam taking up my screen real estate they become totally unresponsive.

Bloomberg are taking over the world.

They're even buying up Indices from banks that have traditionally sold them/'given them away' in return for brokerage. They've just bought up the UBS Composite Bond Index, a major fixed income benchmark in Aus (not sure about the rest of the world any more).

I hear very strong rumours about other bank based indices from a major UK bank going the same way very soon. So strong that we're looking at the impact on budgets.

purch

I used to like Telerate.

They went to a Windows based screen, before Reuters................and it was amazing, all colours, and personalisation, none of that any colour you like as long as it's green on black anymore. :cool:

Making me all nostalgic

Generali

purch wrote: »

I used to like Telerate.

New one on me.

What were they, a data provider like Bloomie?

BillJones

Generali wrote: »

New one on me.

What were they, a data provider like Bloomie?

Yes, I seem to remember that telerare page "T375" was the page for the main London interbank offered rate (one that I won't even type from a work computer nowadays...)

purch

Generali wrote: »

New one on me.

What were they, a data provider like Bloomie?

Yes, back in the day, before Bloomberg got going, the main providers were Reuters and AP Dow Jones Telerate.

It was tied in with Tullets at one stage during the 80's, back when they were Tullet & Riley/Tullet & Tokyo,

Telerate were ahead of Reuters as a provider for most of the 80's, really the only thing Reuters had was their Reuters Dealing terminals which nobody else had.