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BlackRock to Launch Trading Platform

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"BlackRock, the asset manager poised to become the world’s largest money manager with $3,000bn under management, is preparing to create its own global trading platform – a move that could challenge the business at the heart of many Wall Street groups," The Financial Times reported. BlackRock plans to develop a “new world-class global trading platform across the firm”, according to an internal memo seen by the newspaper.

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