Bloomberg Terminal

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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.

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.

Leading competitors for electronic financial data provision include Thomson Corporation, Reuters, FactSet Research Systems, Dow Jones, and Capital IQ.

[edit] External links

• What is a Bloomberg Terminal? (outdated)