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The Bloomberg Terminal is a computer software system provided by the financial data vendor 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. [1]
Telerate then launched the Matrix system in response to Reuters "Advanced Reuters Terminal (ART)" service. The needs of traders and portfolio managers were however neglected by both "Reuters" and "Dow Jones Telerate" which allowed a new niche financial data provider, Bloomberg to start taking market share with its Bloomberg terminal. Within Dow ...
In 2009, Bloomberg released Bloomberg’s Open Symbology ("BSYM"), a system for identifying financial instruments across asset classes. [1]As of 2014 the name and identifier called 'Bloomberg Global Identifier' (BBGID) was replaced in full and adopted by the Object Management Group and Bloomberg with the standard renamed as the 'Financial Instrument Global Identifier' (FIGI).
Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. [3] The agency was established in 1990 with a team of six people. [4] Winkler was first editor-in-chief. [5]
Pages in category "Bloomberg L.P." The following 35 pages are in this category, out of 35 total. ... Bloomberg Terminal; Bloomberg Tradebook; W. WBBR; With All Due ...
The main actors of the financial data market were; Telerate, Reuters, [8] Bloomberg with its Bloomberg Terminal, Knight Ridder notably with its Viewtron offering, Quotron and Bridge, more or less specialised on the money market, foreign exchange, securities market segments, respectively, for the first three of them.
When the Bloomberg professional terminal launched for bond traders it had amber text on a black background. Quotron did not keep pace with developments in technology and the company was slow to move from a dedicated terminal to personal computers, as the proprietary Bloomberg Terminal overtook its market share.
In 2009, Thomson Reuters and Bloomberg market share were virtually even, at 29.4% and 29.2% respectively. As of 2008, the largest four financial data vendors capture the $15.222 billion in annual revenues [ 2 ] [ 3 ] [ 4 ] and employ tens of thousands of people.