From Bloomberg
Switching a small desk
Coming from a Bloomberg seat?
Convexity covers the equity, filings, macro and alt-data work of a desk trading US stocks. Bond prices, options flow, IB Chat and order routing stay with Bloomberg.
- 5 minbetween EDGAR filing polls
- 4 a daycongressional trade syncs
- 1/92of a Bloomberg seat's list price
- Equity⌘K, type a ticker, Enter, covered
- FilingsEDGAR, polled every 5 minutes, covered
- MacroFed Speak and 40+ FRED series, covered
- Alt-dataPatents, supply chain, hiring, CRE delinquency, covered
- Spot FXQuotes and history, by pair, covered
Left on the Bloomberg seat
- Options flowOffline since 2026-09-24, not covered
- Bond pricesThe Treasury curve, not quotes for bonds, not covered
- IB ChatNo replacement, not covered
- Order routingPlaid reads your brokerage instead, not covered
- A Bloomberg seat, a month at list
- $2,665
- Convexity Pro, a month
- $29
The seat tax, at list.
Bloomberg publishes no price page. These are its list rates as reported after the 2025 increase, retrieved 2026-07-22 (multi-terminal: $28,320 a year). A seat also covers FX, fixed income and IB Chat: this prices the seat, not feature parity.
What the desk does, in both tools.
Ten everyday workflows, each Bloomberg function joined to where the same work lives in Convexity by a line drawn as close as the swap comes.
Pull a quote
AAPL <Equity> BQPartial refreshed every 2 minutes
⌘K, type the ticker, Enter
Read the latest 10-Q or 8-K
AAPL <Equity> CFFull
The Filings Desk, by ticker. EDGAR is polled every 5 minutes
Watch insider activity
HDSPartial hours behind
Insider Flow: Form 4s every 2 hours for the S&P 500 from 06:00 to 20:00 UTC, and nightly for every name
Track congressional trades
None listed
Full
Insider Flow's Congress tab: House and Senate trades through FMP, four times a day
13F whale positions
HDSPartial tracked funds only
The 13F filings of the funds it tracks, weekdays
Options flow and unusual prints
OMONNone
Offline since 2026-09-24, when its source was switched off. End-of-day chains remain
Fed Speak and macro context
ECO/FOMCPartial no consensus estimates
The Macro Desk: Fed Speak, 40+ FRED series and release dates
Cross-asset news
TOP/NPartial no wire-tier news license
Per-ticker news, and a morning brief of your watchlist's filings, trades and news
FX, fixed income and derivatives pricing
Native to Bloomberg
Partial no bond or derivatives quotes
Spot FX quotes and the Treasury curve
IB Chat and order routing
Native to Bloomberg
None
Not covered. Plaid reads your brokerage instead, read-only
Bloomberg functions as published in the function lists of the University of Delaware's Lerner College and the Corporate Finance Institute, retrieved 2026-10-19. Neither names one for congressional trades.
What you gain, what you give up.
What comes with Convexity
- An assistant that reads the data layer. Its answers carry chips to the filings it read.
- Insider and congressional clusters. Insider buys bunched inside 72 hours; three or more members of Congress in one name inside 30 days.
- Alt-data feeds. Patents, supply chain, hiring and CRE delinquency, on the data page.
- Plaid portfolio sync. Read-only, on Pro.
- Published prices. No sales call.
Convexity Pro$29 a month
Things Bloomberg has that we do not
- Bond and derivatives prices. Spot FX and the Treasury curve only.
- Options flow. Offline since 2026-09-24.
- IB Chat. No replacement.
- Order routing and execution. Not a broker; Plaid is read-only.
- Bloomberg's news wire. Per-ticker news instead.
- The Bloomberg ecosystem. The Excel add-in, portfolio analytics, Bloomberg Law, messaging.
A Bloomberg seat, at list$2,665 a month
What teams ask before they swap.
Six seats on Bloomberg
$169,920
One seat kept, five on Pro
$33,720
The kept seat is the PM's, for FX and fixed income, at the single-terminal rate. Six seats are priced at the multi-terminal rate.
How long does the swap actually take?
We have not measured it across desks, so this page makes no promise. The work is rebuilding watchlists and alerts by hand, and learning the command palette in place of function codes.
Can we run them in parallel?
Yes. A Pro seat is $29 a month, so running both costs little next to the Bloomberg seat. Drop Bloomberg when the team stops opening it.
What about our existing alerts and watchlists?
Neither imports. Watchlists are built a symbol at a time, and alerts are rebuilt by hand: price, percent change, volume ratio, RSI, the 50/200-day cross, VIX and more, with up to five conditions each.
Holdings do import, from a broker's export file, or sync through Plaid.
What if our PMs still need FX or fixed income?
Keep one Bloomberg seat for the FX and fixed income work and move the equity analysts to Convexity. Five analysts on Pro and one seat for the PM come to $33,720 a year at list, against $169,920 for six seats at the multi-terminal rate.
Is there a procurement-ready security overview?
The security page covers encryption, sign-in, access control, the audit log, subprocessors, incidents and disclosure. It also says plainly that SOC 2 is not engaged.
Plaid's attestation is submitted, and production access was granted on 2026-08-27. Nine of its ten requirements are met; the tenth, retention, is partly enforced.
Start a parallel pilot.
Write to us about your desk's workflow, then run both seats side by side.