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2015-03-04

Terminal is a computer system provided by Bloomberg L.P. that enables professionals in finance and other industries to access the Bloomberg Professional service through which users can monitor and analyze real-time financialmarket data and place trades on the electronic trading platform.[1] The system also provides news, price quotes, and messaging across its proprietary secure network.

Most large financial firms have subscriptions to the Bloomberg Professional service. Many exchanges charge their own additional fees for access to real time price feeds across the terminal. The same applies to various news organizations.

All Bloomberg Terminals are leased in two-year cycles (in the late 1990s and early 2000s, three-year contracts were an option), with leases originally based on how many displays were connected to each terminal (this predated the move to Windows-based hardware). Most Bloomberg setups have between two and six displays. It is available for an annual fee of $20,000 per user ($24,000 per year for the small number of firms that use only one terminal).[2] As of May 2010, there were 315,000 Bloomberg Terminal subscribers worldwide.


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