Bloomberg terminal base shrinks in 2016

While Bloomberg continued to command the lion’s share of financial market spending on data, analysis and news in 2016, the firm saw its terminal user base shrink for only the second time in its 36-year history.

The data from Burton-Taylor International Consulting shows an insatiable demand for fast-moving market data among financial institutions, with spending topping $27 billion for the first time in 2016. The findings show a 3.45% increase in global spend for financial information last year, reaching $27.48 billion.

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