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.
NEW YORK, December 06, 2022--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has entered into a multi-year partnership with BlackRock to seamlessly integrate Tradeweb’s credit trading solutions and data into BlackRock’s Aladdin order execution management system (OEMS).
NEW YORK, December 05, 2022--Tradeweb today announced its Board of Directors has approved a $300 Million Share Repurchase Program.