Pros
Food is great , location and building is very good pay is ok there are some real bright people at developer levels
Cons
This company, though mainly based on the the main terminal software, can never become a true software development company. And the worst part is management don't have the vision to see this happening. This is mainly because most of the middle management (team leads) is filled with people having no development experience apart from bloomberg itself and that too a lot of non-computer science people. What senior management should understand is that there is a subtle difference between just programming and actual software development. Anyone from any background can learn programming or a language/scripting within a short frame. However that does not necessarily indicate that they can develop a good software. Unfortunately people here don't understand this. And since the leadership at technical level has these major lacks, the company is loosing key talents at the developer level who are never allowed/given chance for good development techniques due to middle layer (Mainly because leads have never done that and they just want their juniors to follow what they say). Eventually good developers will leave the company and go to a better place. No compensation/other benefits can stop this happening, but just the cleanup of the middle layer. That's precisely the reason the software isn't that great enough, just that its still in market because it does not have real software company as a competitor in Financial Markets. The day isn't far when companies like google, ms seize this opportunity and bring better financial software to market, which will definitely put company in a lot of trouble