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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]
At the time Quotron was renting 100,000 terminals which equated to 60 percent of the 1986 market for financial data. [4] Following the Citicorp acquisition, Quotron's largest client, brokerage house Merrill Lynch, decided not to renew their contract with Quotron. Merrill Lynch instead invested in a competing startup named Bloomberg.
Bloomberg Markets was launched in July 1992 [5] as "Bloomberg: A Magazine for Bloomberg Users" and was originally intended to be a guide for the Bloomberg Professional service. [6] Although every issue included instructions for navigating terminal functions, content also included articles about financial markets aimed at portfolio managers ...
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets, Bloomberg.com, and Bloomberg's mobile platforms.
Quote screen showing details for the stock HSBC on Hong Kong exchange. The 3000 Xtra system was first released in 1999, but in many ways was a continuation of previous Reuters products that included Equities 2000 (released in 1987), Dealing 2000-2 (released in 1992), 3000 Series (released in 1996) and "Advanced Reuters Terminal" (released in 1986).
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 ...
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.
Bloomberg Aptitude Test. The Bloomberg Aptitude Test (BAT) was an aptitude test owned, published, and developed by the now-defunct Bloomberg Institute - a former educational division of Bloomberg LP. It was used by employers in the business world to evaluate candidates. [1] [2] The exam focused on skills relevant to careers in finance.