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Friday 17 April 2015 4:16 am

Back to work everyone: Bloomberg Professional is back up

By: Catherine Neilan

Add as a preferred source on Google

Everyone back to work: Bloomberg Professional is back up – at least for most of its customers. 

The system went down this morning just as London traders were gearing up for the day's work. The problem, which affected terminals worldwide, effectively brought the sector to halt for at least half of Friday.

Bloomberg has not responded to questions regarding whether there will be any compensation for users, amid claims that it had scuppered deals and postponed a £3bn bill tender being issued by the Treasury today. 

A Bloomberg spokesman said: "Significant but not all parts of our network experienced a disruption today. We have restored service to most customers and are making progress in bringing all parts of the network back online. We apologise to our customers."

So that's it – no more drinks in the sun. Time to get back to the office. 

 

When the problem first emerged, it appeared Bloomberg was very much on the back foot. 

https://twitter.com/jamestitcomb/status/588975956687216640

https://twitter.com/greenbalbo/status/588976164640727040
 
 
Initially when CityAM contacted Bloomberg, the company did not answer, saying it was experiencing "unusually high volumes" of calls. However, a spokeswoman later confirmed that engineers were "working as hard as they can to fix it as quickly as possible".
 
She was unable to say how long this would take, and said the company had no idea what was causing the problem. 
 
This afternoon, Bloomberg steered people away from the hacker theory:
 
https://twitter.com/Bloomberg/status/589039014872817664
 
During the day City workers were speculating on the cause of the problem, as well as the impact.
 
https://twitter.com/raj_viv/status/588977546382946304
 
https://twitter.com/steflaszlo/status/588977716290052096
 
https://twitter.com/virajdesai3/status/588975594580217856
 
https://twitter.com/devswatch/status/588976042292813824
 
Others suggested it might be no bad thing for traders, particularly those suffering on the morning after the night before, or those keen to get started early.
 
One was quoted as saying “Bloomberg has declared the weekend has started.”
 
https://twitter.com/stuartwfrobbins/status/588981354043432960
 
https://twitter.com/fultsi/status/588979862783819776
 
https://twitter.com/Ben_E89/status/588976606561050624
 
https://twitter.com/cnbcSri/status/588975083202351104
 
And then, of course, there were the lols:
 
https://twitter.com/LadyFOHF/status/588972125937135616
 
https://twitter.com/seanfarrington/status/588975118950477824
 
https://twitter.com/JohnAshbourne/status/588975583746514944
 
https://twitter.com/barnejek/status/588973608665554944
 
And somewhere, a baby got kind of annoyed.
 
https://twitter.com/lebullmarche/status/588964919942500353

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