Bloomberg Terminals Suffer Widespread Failures
Source: NYT
LONDON — Bloomberg L.P.’s data terminals experienced failures on Friday that appeared to stretch from Hong Kong to London, agitating traders who depend on the company’s signature product for market data, news and its popular chat service.
Bankers and traders in Europe and Asia said that the terminals went down Friday morning in Europe, about an hour before the end of the Asian trading day. Some banks were reporting that their terminals appeared to be coming back online in London by midmorning on Friday.
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The terminals, known as Bloomberg Professional, are used by more than 315,000 finance professionals around the world, and they are a vital part of the daily ebb and flow of financial markets.
The machines, which cost subscribers an average of more than $20,000 a year, provide a vast majority of the company’s $9 billion in annual revenue.
Read more: http://www.nytimes.com/2015/04/18/business/dealbook/bloomberg-terminals-outage.html?_r=0
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well played....
