What is Aladdin Trader? BlackRock’s fixed-income tool still a mystery
Sources tell WatersTechnology that Aladdin Trader will expand on the platform’s ‘limited’ execution functionality.
On LinkedIn, the profiles of several BlackRock employees, both past and present, mention an exciting-sounding service called “Aladdin Trader”. The confusing thing? That product doesn’t exist—at least there’s no mention of it on the Aladdin website or in public comments.
So, what is Aladdin Trader? According to one BlackRock insider, it has the look of an execution management system, but that’s not what they’re calling it.
“Aladdin Trader is an EMS functionality built within the OMS. We can’t sell
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