what is a bloomberg terminal

what is a bloomberg terminal

1 year ago 65
Nature

A Bloomberg Terminal is a computer software system provided by Bloomberg L.P. that enables professionals in the financial service sector and other industries to access Bloomberg Professional Services through which users can monitor and analyze real-time financial market data and place trades on the electronic trading platform. Here are some key features of the Bloomberg Terminal:

  • Real-time data: The Terminal provides real-time global financial data, news feeds, and analytics.

  • Trading platform: Users can place trades on the electronic trading platform.

  • Client-server architecture: The Terminal implements a client-server architecture with the server running on a multiprocessor Unix platform. The client, used by end-users to interact with the system, is a Windows application that typically connects directly through a router provided by Bloomberg and installed on-site.

  • Compatibility: The Terminal is compatible with the popular Excel program, a very important aspect of the system for those in the finance industry. Bloomberg also offers users access to the application online and through mobile devices, via its Bloomberg Anywhere service.

  • Cost: Bloomberg terminals are typically used by large institutional investors, portfolio managers, and financial analysts because of their relatively high cost.

The Bloomberg Terminal is a 24-hour, global financial services system that provides transparent and reliable financial, economic, and government information covering all market sectors. It features company financials, market data spanning more than 20 years, charts, statistics, a communications platform, and current news reports.

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