In the press release today, Bloomberg announces that they have made public its valuable application programming interface (API) for market data, making it free for trading firms and software developers to access the code.
The API works with a number of programming languages and operating systems, including Java, C, C++, .Net, COM and Perl, and is designed to be “simple” as well as suitable for low latency applications, Bloomberg said. It is available here.
The move to make the interface public contrasts with Bloomberg’s past practice – and that of arch rival Thomson Reuters – of making firms pay for using a particular set of systems to access the data. The move is part of Bloomberg’s Open Market Data Initiative.
Read more here
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Tom Andorff 