Bloomberg

Andrew Hill

Trader A: Dude – seen the news from Markit? FT says they’re going to launch an “ambitious assault on Bloomberg’s grip on daily communications in financial markets with the start of a free viral messaging service”.

Trader B: How so?

Trader A: By bringing together the internal IM systems of Thomson Reuters, JPMorgan Chase, Morgan Stanley, and half a dozen other IBs, including my place and yours. Read more

John Gapper

It sounds technical but I find the most intriguing aspect of the newly redesigned Bloomberg financial information service is the search engine.

I went to a presentation in New York today on Bloomberg Next, a simplified and restructured version of its $20,000 a year service, to hear how it intends the $100m initiative to keep adding subscriptions in a tough market. Read more