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by JackFr 2161 days ago
I think Symphony is terrible, and it does look like something one could code up in a weekend. But ...

Bloomberg News famously abused the trust of the banks:

https://www.vox.com/2015/7/24/11615004/backed-by-15-banks-st...

If the banks mandate that their traders use something else, they will. I don't think they're quite there yet, but Bloomberg is not all powerful.