Charges & Financial Obligations · Company practice
Currency data on Bloomberg.com and consumer apps is delayed 5 minutes
On Bloomberg.com and Bloomberg consumer mobile applications, the currency data shown is delayed by 5 minutes (all times in Eastern Time). The document says additional currency data is available in real time through the Bloomberg Terminal, and it points readers to a contact link for Bloomberg's foreign exchange solutions. The delay is stated for the website and consumer mobile apps; the document does not describe any other product's delay.
Supporting quotations
On Bloomberg.com and Bloomberg consumer mobile applications currency data is delayed 5 minutes (all times in ET).
Additional currency data is available in real-time via the Bloomberg Terminal.
Qualifications & exceptions
- Times are stated in ET.
- Real-time data is described as available through the Bloomberg Terminal, which this document does not describe further.
Not stated here
- The document does not say whether the 5-minute delay applies to the BFIX rates described later, or only to the Bloomberg Generic Composite rate.
Charges & Financial Obligations · Company practice
Currency rates are indicative composite rates, not actual market trades
The currency rates shown are representative of the Bloomberg Generic Composite rate (BGN), which the document describes as based only on indicative rates contributed by market participants. The document states the data is not based on any actual market trades.
Supporting quotations
Currency rates are representative of the Bloomberg Generic Composite rate (BGN), a representation based on indicative rates only contributed by market participants.
The data is NOT based on any actual market trades.
Qualifications & exceptions
- BGN is the Bloomberg Generic Composite rate.
Not stated here
- The next paragraph describes BGN as derived from both indicative and executable price quotes, so the document's two descriptions of BGN's inputs differ in wording; this card follows the first description and does not reconcile them.
Cross-references
- contrast (model-proposed): Bloomberg describes how its Generic Composite rate (BGN) is produced — contrast: The Currency Data section first describes BGN as based only on indicative contributed rates and not on actual trades, then describes it as derived from indicative and executable quotes and designed to track executable rates. Quotes are not trades, so these may not conflict, but the wording differs and the document does not reconcile it.