Check out Glass for more on the future of screens. Virtual reality is probably not the future of Bloomberg, but it could be a future. In that sense, Oculus is just another platform for the terminal to adopt. Most terminal functions are now available on Bloomberg’s iPad app, for instance. Bloomberg CEO Dan Doctoroff has donned an Oculus headset to try it.īloomberg generates the vast majority of its more than $8 billion in annual revenue from terminal subscriptions, which range from $20,000 to $24,000 per person annually. The company last year weathered a scandal over employees, including Bloomberg journalists, snooping on usage of the terminals by important customers.īut the business remains challenged by new competitors and, more broadly, the internet. It has generally responded to new platforms by accepting them. But Bloomberg is excited enough about the virtual terminal to have demonstrated it last month at a retreat for senior executives. It’s early yet for virtual reality, let alone applications of the technology that could work in a financial firm. Data visualizations could add a third dimension of analysis. Colleagues could come together from different parts of the world.
Which one the user prefers to look at is a matter of individual choice, but it is important to be aware of the differences and to realize that price levels and market movements can be quite different between spot prices and futures prices. Today, global spending on financial market data, analysis and news is topping 33 billion.Sitting on the desks of 325,000 financial market professionals worldwide, the Bloomberg terminal, with revenue of approximately 10 billion, is accountable for over one-third of this expenditure. Screen arrangements could easily change based on time of day. Bloomberg has market monitors for spot prices (or cash prices) of commodities, as well as a variety of futures contracts and other derivatives. Moreover, a virtual workspace could be transported home, where terminal setups are typically far less elaborate.
With Oculus, the terminal screens-or any screen, really-can expand in any direction without limit. The Bloomberg Reddit: Anything related to Bloomberg Terminal. All you need is a good, fast, and cheap PC. What model monitor do they use for the Terminal Thx in advance. But you can only fit so many pixels onto a real-life trading floor. Typically, you'll see the Bloomberg Terminal Twin Flat-Panel Monitor setup at an office.
BLOOMBERG TERMINAL MONITORS SOFTWARE
The terminal’s software also supports custom arrangements that can become absurdly complex. Peck said, “I really wanted to explore how virtual reality could solve one of the most basic problems we hear about: limited screen real estate.”īloomberg is already increasing the size of the twin screens in its standard terminal setup from 17 inches diagonally to 21 and, eventually, 23 inches. Lots of Bloomberg terminal customers obsess over the arrangement of charts, data, alerts, and messages on their displays at work. Still, as a proof of concept, it succeeds.