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yesterday

Global Bloomberg Terminal Outage Disrupts Markets and UK Debt Auction

The outage, which began shortly after 9am UTC, left traders without live pricing data and forced the UK Debt Management Office to extend a four-year gilt auction window.

Bloomberg’s $28,000-a-year terminal is the main data and trading system used by financial institutions across the world
The Bloomberg terminal is the crown jewel of the media empire founded by US billionaire Michael Bloomberg in 1981 and counts some 350,000 users worldwide

Overview

  • Bloomberg Terminals worldwide experienced a disruption on May 21, 2025, preventing access to live market pricing and analytics.
  • The UK Debt Management Office extended its auction window for a four-year gilt to 11:30am due to the outage.
  • While live pricing was unavailable, Bloomberg users could still access the terminal’s internal messaging system for communication.
  • Bloomberg’s engineering team is actively investigating the cause of the outage, which remains undetermined as of now.
  • The outage highlights the financial sector’s reliance on Bloomberg Terminals, a critical tool for real-time market data and trading.