• The Bloomberg terminal, developed by businessman Michael Bloomberg, is a popular hardware and software system that allows investors to access real-time market data, investment analytics and their own trading platforms.

  • Due to relatively high cost, Bloomberg terminals are commonly used by large institutional investors, portfolio managers and financial analysts.
  • Bloomberg offers investors independent stock research from over 1,500 sources, charting tools and trade analytics for both buyers and sellers.
  • Bloomberg’s biggest competitor is Thomson Reuters, which offers Eikon, a suite of software products designed to help investors analyze and trade the financial markets.
  • Both Bloomberg and Reuters see competition from other companies that offer similar products at a lower price, most notably Capital IQ and FactSet.