At over 300,000 worldwide subscribers, expect to see that number rise at an increasing rate over the next 10 years. It is a commodity that provides priceless research experience for any would be trader. I wish there were more colleges across the US that implemented the terminal in their business schools. Overall the interface is extremely user friendly, exactly what Michael Bloomberg had in mind when he first released the Terminal to the public. Other features include a fingerprint scanner and microphone capabilities. Bloomberg terminals typically are available in the Lippincott Library and in Huntsman Hall. Use this guide to get started in Bloomberg. The keyboard includes color coded hotkeys for various Bonds, Securities, and Forex links just to name a few, as well as a help key that instantly connects you to the Bloomberg live help desk. Bloomberg is the definitive source of information for security pricing, indicative and fundamental data, customized analytics and business news. The enter key is replaced with “go” and the escape key is replaced with “cancel”. The keyboard was designed by Michael Bloomberg for users that were relatively new to computers and technology. The keyboard is completely different from your standard keyboard. I became certified in Equity and Fixed Income Essentials in under a month, and that’s with a job and full courseload. Currently, there are over 300,000 subscriptions worldwide. Most Bloomberg setups have 2 to 4 monitor displays. A subscription is around $1500 per month. Bloomberg Terminals are leased on 2 year cycles depending on how many displays are connected to the terminal. Most top financial firms have complete access to the terminal and to them this is nothing new, but unfortunately most colleges across the U.S do not have this luxury.īloomberg Terminal is rather expensive but affordable. The client itself is run on a Windows application. All the data accessible on the terminal is available in a completely customizable format with a system language that is fairly easy to learn. The terminal implements a client-side architecture with the server running on a multiprocessor Unix platform. The financial capabilities far exceed that of the average personal computer. The system also includes real-time news, price quotes, messaging, and a state of the art help desk. Bloomberg Terminal is a computer system that enables users to access the Bloomberg Professional Service where they can monitor and analyze real-time market data and place trades on the electronic trading platform. I am fortunate enough to have half a dozen state of the art Bloomberg Terminal platforms conveniently located in the business school of my University. Bloomberg’s revenue was $7.9 billion last year, most of it from terminals.As an undergraduate business student who works in equity research Bloomberg Terminal is an absolute priceless commodity. The Bloomberg Terminal, also called Bloomberg Professional Services, is a software system designed specifically for trading desks and financial markets. Then growth slowed as some of Bloomberg’s biggest customers trimmed budgets or went under entirely. The number of terminal subscriptions, which we compiled from various press reports, grew steeply before the financial crisis, hitting 270,000 in 2007. Back in 2001, the price was $1,640 a month. Bloomberg raised its price much more aggressively between 20. That’s a hike of just 1.3% from the price of $1,975 in 2011, and adjusting for inflation, it’s actually a decline of 3.1%. The city pays the standard rate for a single subscription to the terminal, officially known as Bloomberg Professional, including Bloomberg Anywhere access, which allows the customer to log in from other devices.īloomberg is currently charging single-terminal subscribers $2,000 a month for two-year contracts. Yesterday we published Oceanside’s contract with Bloomberg along with related documents, which you can read here. The pricing data in our chart comes from Oceanside, California, which has a Bloomberg terminal for its treasurer. Bloomberg declined to comment on its pricing. That price, however, increased proportionally with the single-terminal price over the past decade. But it does charge a lower price-currently about $20,000 a year-for customers with two or more subscriptions, including large banks than can have hundreds of terminals. Bloomberg is famously averse to discounting, and only offers one level of subscription with access to all data.
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