- February 1, 2012
- Posted by: David Tabaka
- Category: Market Data, News
Bloomberg, the US financial data and information provider, is set to launch a new front in its war with Thomson Reuters by offering a free and open software interface that aims to bypass its rival’s lucrative code for identifying securities on terminals.
The group has developed a tool that allows financial institutions, rival data vendors and software developers to connect and adapt their increasingly complex trading and data connections through a single source at no cost.
It also represents part of Bloomberg’s push to build on Thomson Reuters’s long-running dispute with European antitrust officials into so-called market access codes, a lucrative business for the Canadian group.
Read the full story here: https://www.ft.com/content/6ce008d6-4bf0-11e1-98dd-00144feabdc0