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Whenever I hear the words “Bloomberg terminal” I get a mental image of a VT-series CRT and keyboard connected to a distant mainframe sitting off to the side of
by dhosek 5y ago
Whenever I hear the words “Bloomberg terminal” I get a mental image of a VT-series CRT and keyboard connected to a distant mainframe sitting off to the side of a room full of traders with men in suits waiting their turn to type in their queries.
I’ve assumed that it’s actually just software these days but it turns out that it also requires a specialized keyboard (which includes biometric authorization based on my quick skim of the webpage). It’s apparently $2000/month which is probably reasonable for those who need it and also a clear indication that I don't need it.
- atombender 5y agoA Bloomberg terminal runs a full-fledged GUI app [1]. It's true that it's very keyboard-focused (with terse text commands and shortcuts for everything), and most of us probably wouldn't describe it as flashy or even modern, but it's not a text mode terminal in the sense you're describing. The core functionality — trading, charts, financial data, news — that the Bloomberg terminal provides traders is also available from places like Schwab (StreetSmart), TD America (ThinkOrSwim), and so on, but the Bloomberg terminal is just a lot more stuff. Interestingly, one of the things that apparently add the most value (and which competitors struggle to disrupt) is the social networking built in that allows traders to chat and gossip with each. [1] https://youtu.be/2ee-x6IXWK8 https://youtu.be/2ee-x6IXWK8