BlackRock's Proposed Bond-Trading Platform Raises Questions
Investment management giant BlackRock plans to launch a bond-trading platform that will allow money managers to trade directly with one another, according to a report in the Wall Street Journal.
The platform, tentatively dubbed the Aladdin Trading Network after the firm's Aladdin investment-management system, will be based in New York and run by BlackRock Solutions, which provides risk management and trade processing tools. According to the report, several dozen sovereign-wealth funds, insurance
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