Meet the young team helping BlackRock modernize trading
BlackRock
The firm, which manages $4.6 trillion in assets, is turning to electronic trading to help solve the market constraints it faces.
It pairs young workers who are more adept at using technology with more experienced hands who know how to do things the old-fashioned way. Together, they look for new solutions to problems like shrinking market liquidity.
"We have a nice combination of experience and young talent driving some of the change," Supurna VedBrat, BlackRock's deputy head of trading and cohead of electronic trading and market structure, told Business Insider.
"Your 25-year-old may come up with a brilliant idea that somebody with 20 years' experience may not come up with just because they've been so attuned to the status quo."
We spoke to four young BlackRock traders about how they're helping drive change at the world's largest asset manager.
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- Top 10 Must-visit places in Kashmir in 2024
- The Psychology of Impulse Buying
- Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study
- 7 Vegetables you shouldn’t peel before eating to get the most nutrients
- Gut check: 10 High-fiber foods to add to your diet to support digestive balance