Accessing Bloomberg data via their REST API is available through Bloomberg’s Enterprise API (BBG API), but it’s not publicly priced like a typical SaaS service. Pricing depends on your use case, data volume, and licensing agreements. However, here’s a general breakdown:
1. Bloomberg Terminal Subscription (Required for API Access)
- Cost: ~$2,000–$2,500 USD/month per terminal
- Includes access to Bloomberg Desktop API (Excel and limited programmatic use)
- Not sufficient for large-scale or automated use
2. Bloomberg Enterprise Data License (for REST API & scalable access)
- Base Cost: Starts around $10,000–$25,000 USD/year or more
- Additional costs depend on:
- Data types (real-time, delayed, historical)
- Number of tickers
- Fields requested (e.g., last price, market cap, volume, etc.)
- Update frequency (snapshot vs. streaming)
- Redistribution rights (if you serve data to clients or apps)
3. Bloomberg B-PIPE (Streaming Data for Enterprises)
- For real-time market data with low latency
- Cost: Starting from $100,000+/year, typically used by large financial institutions
Alternatives for Developers/Smaller Firms
If you only need limited financial data:
- Refinitiv, Xignite, Quandl, or Polygon.io may offer more affordable REST API access.
- Some of them have freemium tiers or pay-per-ticker pricing.
Would you like a comparison table of Bloomberg vs. these alternatives for REST API use?
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