MATLAB: Is a Bloomberg license needed for the financial datafeed toolbox

apibloombergdatafeedDatafeed Toolboxfinancereal time data

Hi, I'm considering getting the datafeed toolbox to incorporate real time data from Bloomberg into my code.
The functions listed for the toolbox suggest they are all you need to call data from Bloomberg servers.
But having reflected on the $2,000+ price tag for a basic Bloomberg stand-alone service, I don't think that's likely.
Apart from downloading the datafeed toolbox, are there other files/software/ licenses that you need in order to call Bloomberg (or Reuters) data?
Because getting free access to Bloomberg embedded in the Matlab, without a Bloomberg account, sounds too good to be true.
Thanks
– 17 year old Matlab beginner

Best Answer

Your guess is correct. The BLOOMBERG functionality can only be used when you also have purchased data access from Bloomberg (I do not know however what types of business model they have).
If you are a student, then you likely are happy with using the YAHOO function. This is not real-time, but good enough to learn.
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