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Encyclopedia > Bloomberg Terminal
A Bloomberg Terminal
A Bloomberg Terminal

The Bloomberg Terminal is a computer system that enables financial professionals to monitor real-time financial market movements and to place trades. Most large financial firms have subscriptions to the Bloomberg service, which costs $1,500 per terminal per month. Many exchanges charge their own additional fees for access to real time price feeds. The same applies to various news organizations. It is owned by Bloomberg L.P. (founded by the current Mayor of New York, Michael Bloomberg) and is considered one of the leading service providers in its field. Image File history File links Bloomberg_terminal. ... Image File history File links Bloomberg_terminal. ... A BlueGene supercomputer cabinet. ... Finance addresses the ways in which individuals, business entities and other organizations allocate and use monetary resources over time. ... Bloomberg L.P. is a financial news service founded by Michael Bloomberg in 1981. ... Michael Rubens Bloomberg (born February 14, 1942) is a prominent American businessman, the founder of Bloomberg L.P., and the current Mayor of New York City. ...


The Terminal is a Client-Server architecture with the Server running on a multiprocessor UNIX platform. The Client, used by the End Users to interact with the system is usually a Windows or Web Application. The server side of The Terminal has been developed using mostly FORTRAN and C programming languages. Each server machine runs multiple instances of the server process. By utilizing a form of a context switch the servers keep track of the state of each End User, allowing user interaction to be handled by different server processes. The Terminal maintains a high level of performance by using a proprietary non-relational database system. The GUI is also proprietary. GUI can refer to the following: GUI is short for graphical user interface, a term used to describe a type of interface in computing. ...


Leading competitors for electronic financial data provision include Thomson Corporation, Reuters, FactSet Research Systems, Dow Jones, and Capital IQ. The Thomson Corporation (NYSE: TOC TSX: TOC) is one of the worlds largest information companies, focused on providing integrated information solutions to business and professional customers. ... Reuters Group plc (LSE: RTR and NASDAQ: RTRSY); pron. ... An editor has expressed a concern that the subject of the article does not satisfy the notability guideline or one of the following guidelines for inclusion on Wikipedia: Biographies, Books, Companies, Fiction, Music, Neologisms, Numbers, Web content, or several proposals for new guidelines. ... Dow Jones & Company (NYSE: DJ), based in the United States is a publishing and financial information firm. ... It is proposed that this article be deleted, because of the following concern: Non-notable subsidiary that does not, on its own, meet the standard of WP:CORP If you can address this concern by improving, copyediting, sourcing, renaming or merging the page, please edit this page and do so. ...


External links

  • What is a Bloomberg Terminal? (outdated)

  Results from FactBites:
 
LLRX.com - Notes from the Tech Trenches - Reader Responses: Teaching Cost Effective Searching & Bloomberg for Law ... (1276 words)
My firm has a Bloomberg terminal and as you pointed out, it's difficult to use, so only one or two people here use it regularly.
Bloomberg is now offering a 90 day free trial of the Web version of the Bloomberg Professional Service to researchers in law firms so that they can at least try the system themselves before they commit to a contract, something not done in the past.
As a new user on Bloomberg, I am sure there are things I should be on the look out for that I haven't encountered, and I'd like to give a balanced view of it and any other service I review.
  More results at FactBites »


 

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