The United States and other advanced nations are making crucial investment in green energy. What they're not doing is safeguarding the fossil fuels consumers depend on today.
The world's largest asset manager BlackRock Inc and trading platform Tradeweb Markets Inc are partnering to enhance electronic bond trading, the companies said on Tuesday. Users of BlackRock's Aladdin system -- widely utilized across the financial industry to manage investment portfolios and risk -- will gain greater access to Tradeweb's credit platform and data through the partnership. "To be able to improve your liquidity and capacity to trade in very volatile environments as well is definitely a key benefit of further deepening these integrations," Chris Bruner, chief product officer at Tradeweb, told Reuters.
In the latest trading session, BlackRock (BLK) closed at $712.76, marking a -0.03% move from the previous day.