When Bloomberg terminals fail

Bloomberg data terminals experienced failures on Friday, reports The New York Times.

The failures affected terminals all across the globe, says the outlet, and, as a result, cut traders’ access to market data and news feeds they depend on.

Further, although banks typically have systems in place to avoid disruptions, these types of outages do affect market transactions. Read more.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.