Editing Bloomberg Terminal (section)

{{Short description|Computer software terminal made by Bloomberg LP}}
{{Use mdy dates|date=May 2016}}
{{Infobox software
| name = Bloomberg Terminal
| logo = 
| screenshot = Bloomberg Terminal Museum.jpg
| screenshot alt = A photograph of a two-monitor computer display open to the Bloomberg Terminal, along with its custom keyboard
| caption = A Bloomberg Terminal on display at [[Bloomberg L.P.]]
| developer = [[Bloomberg L.P.]]
| released = December 1982
| latest_release_version = 
| latest_release_date = 
| operating_system = [[Microsoft Windows]]<br/>Other systems (using [[Citrix Receiver]])
| genre = [[Electronic trading platform]]<br/>[[Financial software]]
| license = [[Proprietary software|Proprietary]]
| website = {{Official website|https://www.bloomberg.com/professional/}}
}}
{{Michael Bloomberg series}}
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]].<ref>{{cite news | url=https://www.bloomberg.com/professional/ | work=Bloomberg | title=Bloomberg Professional Services | access-date=February 27, 2020 | archive-url=https://web.archive.org/web/20170305095331/https://www.bloomberg.com/professional/ | archive-date=March 5, 2017 | url-status=live }}</ref> It was developed by employees working for businessman [[Michael Bloomberg]]. The system also provides news, price quotes, and messaging across its proprietary secure network. It is well known among the financial community for its [[Light-on-dark color scheme|black interface]], which has become a recognizable trait of the service.<ref>{{Cite web|url=http://uxmag.com/articles/the-impossible-bloomberg-makeover|title=The Impossible Bloomberg Makeover|last=Leca|first=Dominique|website=UX|date=March 24, 2010 |archive-url=https://web.archive.org/web/20170516020445/http://uxmag.com/articles/the-impossible-bloomberg-makeover|archive-date=May 16, 2017|url-status=live}}</ref>  The first version of the terminal was released in December 1982.

Most large financial firms have subscriptions to Bloomberg Professional Services. 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 a Windows-based application). Most Bloomberg setups have between two and six displays. As a [[data analysis|data analytics]] and [[electronic trading platform]], the Bloomberg terminal is available for an annual fee of around $24k per user or $27k per year for subscribers that use only one terminal.<ref name="investopedia">{{Cite web | url=https://www.investopedia.com/terms/b/bloomberg_terminal.asp| title=This is how much a Bloomberg terminal costs| first=Will| last=Kenton| date=July 29, 2022| work=[[Investopedia]]}}</ref> As of 2022, there were 325,000 Bloomberg Terminal subscribers worldwide.<ref>{{cite news|url=https://www.bloomberg.com/company/|title=Bloomberg company information|work=Bloomberg|access-date=October 13, 2016|archive-url=https://web.archive.org/web/20161013023013/https://www.bloomberg.com/company/|archive-date=October 13, 2016|url-status=live}}</ref>