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As an independent company with a customer base of both buy and sell-side firms, Bloomberg serves a unique and important role in the financial markets.
The Libor rigging affair, for example, had traders promising each other booze and sushi for interest rate cooperation. So as a result, Bloomberg has rolled out a new "Compliance Center" on its terminals to streamline the process by which firms make sure their traders aren't doing illegal things.According to one report, JP Morgan's Jamie Dimon told his London office, "Don't exaggerate, don't ruminate, don't bullshit," over chat. Check out the full release from Bloomberg below: Compliance Made Easy: Introducing the Bloomberg Compliance Center Bloomberg pioneered one of the first private messaging systems in the early 1990s.Today, Bloomberg subscribers send more than 15 million instant messages – and 200 million emails – every day.Free online dating in California for all ages and ethnicities, including seniors, White, Black women and Black men, Asian, Latino, Latina, and everyone else.Forget classified personals, speed dating, or other California dating sites or chat rooms, you've found the best!Then there was that time you just knew your mum was talking about you, so you picked up the other line and listened in. The things they've seen, that you forced them to do...
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According to Bloomberg, the new center is "a s them a range of options, including monitoring employees’ communications or blocking words, whether profanities or perhaps – given traders’ record of promising each other alcoholic incentives – 'Bollinger'".
Bloomberg's clients have been cracking down internally on mischievous trader chats.
As new regulations and market complexities shape the financial world, we will continue to be responsive to our customers’ needs and growing market demands.
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