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The Bloomberg Terminal is a computer system provided by Bloomberg L.P. that enables financial professionals to access the Bloomberg Professional service through which users can monitor and analyze real-time financial market data movements and place trades on the electronic trading platform. The system also provides news, price quotes, and messaging across its proprietary secure network. Most large financial firms have subscriptions to the Bloomberg Professional service. Many exchanges charge their own additional fees for access to real time price feeds across the terminal. The same applies to various news organizations. All Bloomberg Terminals are leased in 2 year cycle, with leases based on how many displays are connected to each terminal. A subscription is around US$1,500 per month. Most Bloomberg setups have between 2 and 4 displays. There are currently 300,000 Bloomberg Terminal subscribers worldwide