Bloomberg terminal service experiences delays and live pricing issues, impacting user trades.

Bloomberg terminal service experiences delays and live pricing issues, impacting user trades.

On Wednesday, May 21, 2025, Bloomberg Terminal, a vital service for financial professionals, experienced an outage that disrupted customer activity and delayed the UK gilt auction. According to the UK Debt Management Office (DMO) and market sources, the ongoing issues with Bloomberg's system resulted in the extension of the bidding window for the 4% 2031 gilt auction [1].

The DMO stated, "Due to the ongoing market-wide Bloomberg system issues, the bidding window for this morning's auction of the 4% 2031 is being extended." Traders and market sources reported that live pricing and market data were not functioning, and screens were blank. A Bloomberg user confirmed the issue, stating, "My Bloomberg terminal is currently not working, only the chat function is still up" [1].

Bloomberg has yet to respond to a Reuters request for comment. The outage underscores the critical role that Bloomberg Terminal plays in the financial ecosystem, providing real-time data and analytics essential for trading and investment decisions. The delay in the gilt auction, a significant financial event, highlights the potential impact of such disruptions on market operations.

The incident serves as a reminder of the importance of robust and reliable technology infrastructure in the financial sector. As financial professionals rely heavily on such tools, any downtime can lead to significant disruptions and potential losses. The UK DMO and market participants are likely to closely monitor the situation and assess the broader implications for market stability and investor confidence.

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3RT0IM:0-bloomberg-terminal-suffers-outage-delays-uk-gilt-sale-uk-dmo-traders/