Bloomberg Takes on Symphony, Cuts Chat Prices Materially

[kreslik.news]

Competition in the financial information space is heating up after Bloomberg drastically reduced the pricing of its messaging tool subscription. The move is a direct result of rival, Symphony’s creeping competition in the area, which had been making inroads with its own workflow platform and network.

Register now to the London Summit 2017, Europe’s largest gathering of top-tier retail brokers and institutional FX investors

Bloomberg has been a key player the messaging space for years, helped by the backing of big names on Wall Street. The group has always instituted a rigid pricing for its services suite. Presently, this amounts ... (read more)