How To Use Bloomberg
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We’re going to look at the Bloomberg Terminal
Bloomberg provides financial software tools such as analytics, data services and news to all manner of companies and organisations the world over via the Bloomberg Terminal, which is what we’re looking at now.
The Bloomberg terminal is a virtually bottomless pit of information covering a wide range of financial products. Accendo Markets uses it mainly for UK listed equities, and so we’re going to have look at the most important functions in that arena.
So first of all we’ll search for a company in the top left hand corner, here. If you know the ticker symbol you can type that in, but remember that sometimes different information providers use slightly different tickers. Unless you’re sure what the BBG ticker is, it’s better to type the company name.
Let’s use Barclays as an example, so I’ll start typing Barclays into the search box. Usually a dropdown menu then appears with all the terms that contain Barclays. We need to select BARC LN EQUITY which is Barclays’ UK listing. In fact any UK listed stock will be displayed in this way, so once you’re familiar with the ticker symbols you can simply enter BARC LN EQUITY and it’ll take you directly to the analysis menu.
Now there are a lot of options here, but we’ll go through the 3 most used and see how you can share all of this information with colleagues. Those are: Security Description, Company News, Analyst Recommendations.
Then I’ll go through how to export / share this information with your colleagues.
General overview of the stock with a brief description, a chart, share price, performance since prior day’s close, 52wk hi, 52wk lo, YTD change.
For most up to date news stories on the stock. Also, the day before a company reports results, an earnings preview will appear in the news feed here.
To find out how the brokers are rating the stock you’re interested in – consensus rating, average 12-mnth target price, details.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money.