PaxForex to cooperate with Bloomberg

There is a new unofficial information that PaxForex, a one of the most innovative and progressive Forex brokers, is going to cooperate with the major business & finance television network of the world – Bloomberg TV.


If this rumor will be confirmed, that means a huge additional motivation to trust this company. It is well known that PaxForex is always trying something new in order to its development. Cooperation with such a great TV network will bring lots of good things to PaxForex traders.

They already have huge trading information that the company provides through its Forex blog and Analysis page. And maybe very soon PaxForex clients will also have an opportunity to be updated with all major news from the business world via online TV.

It would be definitely great!

Let me tell you more about what Bloomberg TV is and a few about its history.

Bloomberg Television is a 24-hour global network broadcasting business and financial news. It is distributed globally, reaching over 310 million homes worldwide. It is owned and operated by Bloomberg L.P. and is internationally headquartered in New York City with its European headquarters in London and Asian headquarters in Hong Kong.

Bloomberg's US broadcasts are headed by Andrew Morse, who transferred from his previous position as senior producer for ABC News in 2011. His superior is Andy Lack, the CEO of Bloomberg Media Group.

Shortly after Bloomberg's launch, the now-defunct American Independent Network carried a simulcast of the channel at various times each weekday from 1995 to 1997. The network's morning pre-opening bell programming was also aired on the USA Network, simulcasted in a paid programming arrangement with the channel until 2004, when that network dropped the simulcast months before the NBC Universal merger was consummated, due to concerns USA would then air the coverage of a competitor to future sister network CNBC.

Bloomberg Television's US network debuted a new graphics package in January 2009. This current scheme was first used on the network's now-defunct pre-market program, Starting Bell, before the new graphics expanded to all of the network's programs on February 17, 2009. Also on that date, Bloomberg US revamped its weekday programming lineup.

Starting October 2009, Bloomberg Television debuted another new graphics package again. In 2011, Bloomberg Television announced a strategic relationship with Gas Station TV (GSTV) to deliver personal finance and business news to more than 27 million viewers each month at GSTV pumps.

Bloomberg launched a high definition feed on May 9, 2011, with Time Warner Cable as its first provider.

The network also provides funding and studio facilities for the nightly PBS/WNET program Charlie Rose. In February, 2009, Bloomberg Television announced that it would cease operating some of the international variations of the channel (Bloomberg Europe and Asia, for example) placing a greater focus on a more international Bloomberg channel.

On March 9, 2009, the localised channels available in Germany, France, Italy and Spain ceased operations. Today, throughout Europe the original pan-European version of Bloomberg Europe (International) is available on cable and digital television providers.

Since March 9, 2009, Bloomberg Television now utilizes its existing international production teams in Hong Kong (Bloomberg Asia), Europe (Bloomberg Europe) and America (Bloomberg) adding a more global feel to the channel. Bloomberg International provides programming from Hong Kong in the early morning, produced by Bloomberg Asia (International), from London in the late morning, produced by Bloomberg Europe (International) and from its main headquarters in New York in the afternoon. Each Bloomberg receives localized advertising and a relevant business news ticker on screen.

Bloomberg was well known for using a datascreen format that occupied most of the TV screen and the camera shots.

Until 1998, Bloomberg did not have a moving ticker. Instead, it had boxes that were dedicated to world news as well as weather conditions in selected cities in addition to market data, which was confined to the bottom of the screen. This changed gradually to focus more on business news. The data screen was reformatted several times to include a moving stock ticker and accommodate new graphics.