BlackRock Preps Global Trading Platform

BlackRock Preps Global Trading Platform

BlackRock reportedly is planning to launch a global trading platform.

BlackRock reportedly is planning to launch a global trading platform. According to an internal memo, the asset manager is said to be developing a platform that would “fully realize the cost efficiencies and trading opportunities across all asset classes as [it] becomes one of the largest trading operations in the world.” Minder Cheng, who is coming aboard as part of BlackRock’s acquisition of Barclays Global Investors, is said to be in charge of developing the platform.

Click here to read the story from Financial Times

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