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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 ...
Merrill Lynch instead invested in a competing startup named Bloomberg. Most computer screens in the 1980s were able to display text in a single color. Quotron screens had green text on a black background. The Quotron was the screen used by Charlie Sheen's Bud Fox and Michael Douglas's Gordon Gekko characters in the 1987 movie Wall Street. [5]
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).
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Bloomberg implemented an aggressive recruiting strategy to staff Bloomberg Government in Washington, DC, which included hiring industry analysts, political staff, product developers, and a business development team. The business is currently organized in two primary segments focused on serving government-affairs professionals and federal ...
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.