Terminal Link

Making our LEAN engine compatible with the Bloomberg™ Terminal Desktop API Facilitating rapid backtesting alongside access to 1,300+ liquidity pools

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Leading the World in Algorithmic Trading

QuantConnect's Lean Algorithmic Trading Engine is an open-source, feature-rich, rapidly evolving framework, chosen by more than 175,000 quants worldwide. The LEAN engine embraces a modular design that enables rapid testing of new investment strategies. It also allows you to move to other data sources and order routing networks. The radically open-source nature of LEAN gives you the freedom to adapt and extend LEAN to your needs.

With integrations to millions of alternative datasets, nine asset classes, and highly realistic strategy modeling, LEAN technology can jumpstart your search for alpha. Let QuantConnect handle the infrastructure lift while you focus on the signal.

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Research & Backtesting, Compatible with Bloomberg Desktop API

LEAN can now connect to the Bloomberg™ Desktop API (DAPI),* thanks to the plug-in that we refer to as “Terminal Link.” The product is in no way affiliated with or endorsed by Bloomberg™; it is simply an add-on. When LEAN taps into Bloomberg™ via Terminal Link, it can run backtests and research notebooks from data sourced from the Bloomberg™ Terminal. After years of optimization, LEAN achieves up to millions of bars per second in event-driven backtesting.

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Research

Perform research using the latest machine-learning libraries, then backtest and live trade the same code in LEAN when you use Terminal Link to facilitate compatibility between LEAN and the Bloomberg™ DAPI.

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Historical Data Caching Technology

Cache data locally in an efficient format for quick backtesting in the LEAN engine. After years of optimization LEAN achieves up to millions of bars per second in event-driven backtesting.

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High-Fidelity Backtest Modeling

LEAN provides accurate slippage, spread, and transaction fee models for realistic backtesting. All models are customizable to adapt to your strategy requirements.

Deploy Your Strategy to the EMSX™ Network

QuantConnect's LEAN Terminal Link allows you to route orders to any of the 1,300+ liquidity pools in the Bloomberg EMSX™ network. You also can use the LEAN paper-trading functionality to test your strategy on Bloomberg™’s live data feed. Bloomberg™ is not affiliated with QuantConnect, nor does it in any way endorse Terminal Link.

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Seven Asset Classes Supported

All LEAN asset classes supported through to live trading including US Equities, Equity Options, Futures, Future Options, Crypto, and Spot Forex. Advanced backtest asset modeling keeps your backtesting code identical through to production trading.

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Historical Data Integration

Request and serve your strategies with rich historical data from your Bloomberg™ Terminal DAPI. Get current market data delivered to your strategy for live and paper trading.

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Order Tracking and Management

Fetch open orders, update, and cancel them if needed. Monitor orders as they fill, with partial fill events tracked in LEAN. Market, limit, and stop-limit orders are fully supported.

Compliance Notes

Bloomberg™ is not affiliated with QuantConnect, nor does it endorse Terminal Link. All users of the integration must hold a Bloomberg™ License to be defined as an “Entitled User.” All products must be used in accordance with established licensing terms set by Bloomberg™. All data accessed via the Bloomberg™ Desktop API must remain on the host computer. The Bloomberg™ Terminal and the LEAN instance must be on the same computer. The Bloomberg™ Server API cannot be used for black-box trading. Any Bloomberg™Server API Data usage will require soliciting permission via the Bloomberg™ Permission System. QuantConnect requires installing the LEAN GUI along with any Terminal Link subscription.

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All users of the integration must hold a Bloomberg License to be defined as a "Entitled User".

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All data accessed via the Bloomberg Desktop API must remain on the host computer. The Bloomberg Terminal and the LEAN instance must be on the same computer.

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The Bloomberg Server API cannot be used for black-box trading. Any Bloomberg Server API Data usage will require soliciting permission via the Bloomberg Permission System.

Technology Research Backtesting Paper Trading Live Trading
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Technology

Desktop API

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Research

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Backtesting

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Paper Trading

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Live Trading

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Paper Trading

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Server API

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Research

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Backtesting

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Paper Trading

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Deploy to Terminal Link

Be one of the first 100 subscribers to Terminal Link, and your subscription will be just $1 per month through December 31, 2021. In April 2022, subscriptions will renew at the standard rate of $325 per month. Opt-out of renewal with a click and zero human contact.

Type: Data Source, Brokerage

Route orders to any of the Bloomberg EMSX network destinations, and power your research with Bloomberg datafeeds.

  • Backtest and Research Data Source
  • Live Trade to the EMSX network
  • 1300+ Execution Destinations

LEAN GUI and QuantConnect Corporate Actions dataset required for best experience.

>_ lean backtest “My Project” --data-provider "Terminal Link"

Launch local backtests with data from the Bloomberg Terminal desktop API. LEAN automatically fetches the data required for your backtest

>_ lean research “My Project” --data-provider "Terminal Link"

Start Jupyter Research Notebooks tapping into the entire QuantConnect API, with the data sourced from a Bloomberg Terminal.

>_ lean live “My Project” --brokerage "Terminal Link" --data-feed "Terminal Link"

Launch live trading algorithms, trade with any of the 1300+ routing destinations in Bloomberg EMSX network.


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Learn More

Contact us to supercharging your Bloomberg Terminal and with the cutting edge of quant research technology.

Or send us an email at:

support@quantconnect.com