Answered By: Jeffrey Orrico
Last Updated: Apr 27, 2017     Views: 588

A Bloomberg terminal is a proprietary interactive network of Bloomberg Financial Markets  providing up-to-the-minute finance and markets information.  Each terminal costs approximately $24,000 per year and is used primarily by large investment, corporate, and government offices.

Welch College of Business Students - have access to 13 Bloomberg terminals in the WCOB Financial Center

Public Access - Thanks to a donation by Bloomberg, L.P., the Greenwich Public Library has access to a Bloomberg terminal.  Investopedia offers an online guide to the Bloomberg terminal’s features (http://www.investopedia.com/university/how-to-use-bloomberg-terminal-computer-system/ )

In May 2013, reports began circulating that Bloomberg News reporters had improperly accessed accounts of  subscribers in search of news stories. Bloomberg states that it has taken steps to better secure subscribers confidential information. News articles discussing this “scandal” include:

Trotter, J.K. “Bloomberg's Terminal Snooping More Widespread Than Wall Street Thought.” The Atlantic Wire. 14 June 2013. http://www.theatlanticwire.com/national/2013/06/bloombergs-terminal-snooping-more-widespread-wall-street-thought/66260/

Baer, Justin, William Launder, and Matthias Rieker. "Bloomberg Tactics Drew Ire in Bank World." Wall Street Journal - Eastern Edition, June 2013., B1-B2, Business Source Premier, EBSCOhost, http://0-search.ebscohost.com.enterprise.sacredheart.edu/login.aspx?direct=true&db=buh&AN=87857977&site=ehost-live&scope=site

Baron, Lisa. “Bloomberg Taking 'Boxes' With Him: NYC Can't Use Terminals After Term Ends.” NewsMax. 8 July 2013. http://www.newsmax.com/Newsfront/bloomberg-boxes-leaving-city/2013/07/08/id/513828

Ask Us

Your Question
Your Info
Fields marked with * are required.