Bloomberg Market Data Cost to Employees
I just started a role at a hedge fund and they are asking me what Bloomberg R/T data I will need access to. The role is new so there is no prior reference what I will need. This might be absurd but is there a risk to over-subscribing to exchange data i.e. will they charge the cost back to my bonus since I have full control on what I subscribe to and what I don’t? TC ~300k Thanks
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fhshs142 Mar 3, 2021I’ve worked in prop style HFT firms where we had this type of setup. I assume you’re a PM if costs are being billed back to you. If you’re not a PM, then it would be odd for them to bill you. If you’re a PM then it just depends on what data you need right? I guess I don’t really understand the issue here.. it’s just a cost of doing business.
It’s a hedge fund, not a MLM scheme. Bloomberg etc is a cost of doing business. Zero chance they deduct the cost from your bonus.