An annual subscription to a Bloomberg Terminal costs $27,660 for one license, and terminals are leased on a two-year basis. The price per terminal drops to $24,240 per year when two or more terminals are leased. Academic pricing is available upon request. Market Share: Bloomberg holds a significant 33.4%market share, demonstrating a strong presence in the sector. Unique Strengths: Bloomberg's long-standing reputation and legacy software stemming from the 1980’s.
The cost of Capital IQ is not publicly available due to its tier-based pricing model that's designed to be opaque. This customizable approach may be an advantage for some customers but can also hinder price transparency.
A full FactSet subscription costs $12,000 per year. Market Share: FactSet maintains a 4.5% market share, representing a smaller yet steady presence in the market.
An annual Eikon subscription costs $22,000, but a basic version is available for as little as $3,600 per year. Market Share: Refinitiv Eikon holds a substantial 19.6% of the market share.
Competitively priced from FREE up to $250mo and significantly lower than top competitors. Market Share: As an emerging platform, market share is not as large as established competitors, but is rapidly growing. Unique Strengths: Established in 2021, TradeAlgo is emerging as a market leader for real-time market data. Overall, while TradeAlgo may be newer to the market compared to established players like Bloomberg and Eikon, its focus on real-time data, competitive pricing, and AI-driven insights could position it as a strong contender in the market.