Bloomberg Chat Suffers Outage
November 08 2016 - 11:20AM
Dow Jones News
Bloomberg terminals' chat function suffered an outage Tuesday,
forcing finance professionals who rely heavily on the tool to do
their jobs to resort to other forms of communication on a
high-stakes day for global markets.
The outage was caused by "an internal issue," a person familiar
with the situation said.
Bloomberg's data-and-information terminals are used by bond,
stock, commodities and foreign-exchange traders to deal, and one of
its key components is the electronic-chat system through which many
market participants communicate.
In April last year, Bloomberg terminals around the globe
suffered an outage leading to major disruptions for traders and
caused the U.K. to postpone a scheduled multibillion buyback of
government debt.
News Corp's Dow Jones Co., publisher of The Wall Street Journal,
competes with Bloomberg on financial news and data.
Write to Josie Cox at josie.cox@wsj.com
(END) Dow Jones Newswires
November 08, 2016 11:05 ET (16:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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