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Bloomberg terminal returns after outage affects European bond sales
News and data company Bloomberg said its systems were returning to normal on Wednesday after a brief disruption earlier in the day that delayed numerous government bond sales and affected customer activity.
“Our systems are returning to normal operations and Terminal functionality has been restored following a service disruption earlier today,” a Bloomberg spokesperson said.
It was not immediately clear if Wednesday’s delay had been caused by the outage.
The outage impacted Bloomberg’s terminal system, which provides real-time pricing and analytics for financial instruments. Many users were unable to access live data, forcing some traders to halt activity. The system is used by banks, asset managers, and other market participants around the world.
The problem also affected UK and EU government bond auctions. The UK Debt Management Office extended the bidding window for a gilts sale by 90 minutes. The European Commission also delayed the deadline for an EU bond auction by one hour.
Two large investment banks confirmed the disruption to their trading desks.
