Been using bloomberg for last 7 years or so and used eikon after reuters made the. Bloomberg gives market data service a facelift reuters. Freedman as global editor for ethics and standards. Is thomson reuters eikon an acceptable substitute for bloomberg. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. Even djx, factset and capiq are limited versions of the two leaders. Thomson reuters and bloomberg are the big fish in the professionalpublishing pond, at least eight times larger than their nearest competitor. Bloomberg vs capital iq vs factset vs thomson reuters eikon. Thomson reuters is the worlds leading source of news and information for professional markets. Reuters was a standalone global news and financial information company headquartered in london until it was bought by thomson financial corporation in 2008. Best alternatives to bloomberg terminal 2020 benzinga.
Is reuters eikon the ultimate tool for analyzing financial markets. Like bloomberg terminal, eikon is a software used to monitor and analyze financial information. There was a post, around a year ago, about these services excluded thompson. About thomson reuters corp thomson reuters corporation provides business information services. Bloomberg and reuters lose data share to smaller rivals. While capital iq differentiates itself on cost, its focus on fundamental data, and usefulness on the sell side, eikon is the most direct competitor to the bloomberg terminal. Bloomberg has far more capabilities and in my view, eikon doesnt come close. To date, thomson reuters eikon has been the biggest competitor to bloomberg terminal, garnering nearly a 25% market share at times.
Go to start programs thomson reuters and choose thomson reuters eikon or click thomson reuters eikon shortcut on your desktop. Bloomberg terminals have become pretty much indispensable to. Newsful, from sigma news ventures, models and explains the link between corporate news and share price change to give market professionals a new edge. To date, thomson reuters eikon has been the biggest competitor to bloomberg terminal, garnering nearly a 25%. Emma muhleman, ive been a bloomberg professional user wterminal. In terms of cost reduction, is it possible to have the market data from one source either bloomberg or reuter for all types of trades. It was new, shiny, and built to usurp its entrenched market rival. Symphony adds infronts 12,000 users, rivals bloomberg and. And while it was to be a slick, current and integrated platform. Thomson reuters pricing for eikon enables users to find a variant at an appropriate price point offering appropriate data and capabilities. Read as they happen headlines on currencies and fx rates at reuters. Enter your user id and password in the corresponding text fields. Today, tyler is going to talk about how the reurters eikon works and show you a couple of unknow functions. Symphony adds infronts 12,000 users, rivals bloomberg and eikon.
Eikon is a leading desktop and mobile solution that is open, connected, informed and intelligent. Thomson reuters expands ipo execution strategy with sia. Thomson reuters boosts quantification of corporate news with newsful app in eikon. Leaders in the segment are instant bloomberg and thomson reuters eikon messenger, with 327,000 and 270,000 users respectively. Competition for the bloomberg terminal versus the refinitiv eikon formerly the thomson reuters eikon is fierce as each develops new. Thomson reuters boosts quantification of corporate news. The company offers informationenabled software and tools for legal, tax, accounting, and compliance. At futures io, our goal has always been and always will be to create a friendly, positive, forwardthinking community where members can openly share and discuss everything the world of trading has to offer. In my experience, the bloomberg terminal is easily. The most popular and widely used platform by participants in the financial industry. The full suite of tools is priced comparably with bloomberg. Been using bloomberg for last 7 years or so and used eikon after reuters made the switch in my opinion, they really dont compare. Thomson reuters eikon fails to unseat bloomberg in 2010, thomson reuters took on the mighty bloomberg with a new trading terminal of its own.
With s excel integration, many bloomberg users should be able to cover their analytic needs with the platform. Bloomberg and reuters lost market share to smaller financial data providers in 2017, underlining the global finance industrys gradual shift away. Freedman came from the wall street journal, where she spent twenty. Sadly there is no single high quality free alternative to reuters or bloomberg. Reuters has similar functionality but i dont have my eikon terminal open right now, yes im one of hte 50 people that has a reuters eikon terminal. Released in 2010, thomson reuters eikon was the companys flagship new financial platform, introduced with great fanfare globally through the largest public relations campaign ever undertaken by either thomson or reuters. Bloomberg and thomson reuters tri are leading the pack, claiming a majority of the business information market. An announcement the other day from steve adler, editorinchief of reuters, reported with considerable and appropriate pride the hiring of alix m. Hello, as a former user and employee of bloomberg, and current user of eikon, in terms of the 1st part of the question, the difference is enormous. Jamie dimon may be pulling the plug on bloomberg terminals, unless he can get a deal.
Our users shared that thomson eikon is the newer, more affordable platform while bloomberg is the industry leader with its advantage being its chat functionality that is widely used across the street. Inside the decadeslong quest to bring down financial information giant bloomberg. This was a major improvement for bloomberg as the share in 2007 was bloombergs 26% to reuters 36%. Overview of starmine buyside quant models in thomson reuters eikon duration. What are the pros and cons of reuters eikon over bloomberg. Despite their robust multimedia platforms, both companies are best known for technological devices. Compare bloomberg terminal vs eikon headtohead across pricing, user satisfaction, and features, using data from actual users. The largest competitor to the bloomberg terminal is thomson reuters with its reuters 3000 xtra system, which was replaced by eikon platform in 2010, with bloomberg and thomson reuters splitting 30% each of the market share in 2011. What you need to know now about the gbp, dollar, yen, and euro on reuters. In 2011, thomson reuters moved beyond the realm of financial news with the release of a more affordable option to the bloomberg terminal. Refinitiv aims to spend to take on bloomberg financial times. If you already have an account, login at the top of the page futures io is the largest futures trading community on the planet, with over 100,000 members. Bloomberg is based on textual commands, which are not always intuitive, and you simply have s.
Where does bloomberg beat reuters eikon in functionality. Why thomson reuters doesnt stand much chance of displacing bloombergs chat service. Probably its weakest link when compared with bloomberg and other expensive terminals such as thomson reuters eikon and capitaliq is the available news and research on. Why thomson reuters doesnt stand much chance of displacing. Thomson reuters eikon vs bloomberg professional keygen. That is dwarfed by the price of the bloomberg terminal, which clocks in over. Thomson reuters, along with bloomberg and factset are noted for the reliable realtime data and news feeds. Come and join the conversation on our social channels. I currently have both and am leaning one way but want to see what others think.
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