![]() ![]() Bloomberg used a portion of the $10 million he got as part of his severance package and invested it in his future enterprise. It was created in the early 80s by Michael Bloomberg after he had left the Salomon Brothers investment bank, where he was the head of equity trading and sales at the time. The Bloomberg Terminal is a computer system designed for traders, bankers, and other financial professionals. Keep reading to learn more! How Was The Terminal Created? The Bloomberg Terminal has been around since the 1980s, and Wall Street traders have used it as their preferred financial instrument ever since.Īlthough you must have seen it in an office or on TV, you might still be wondering: What exactly is a Bloomberg Terminal? We’ll answer that question in this article, but also some others, such as why it’s so popular and whether there are any viable alternatives. ![]()
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