OTCX, a leading regulated fintech reshaping how over-the-counter (OTC) derivatives are traded, has announced a multi-year partnership with Aladdin, BlackRock’s powerful investment management platform. The collaboration marks a major step toward digitizing dealer-to-client “voice” derivative trading, offering clients more flexibility and efficiency in executing trades electronically.
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The partnership aims to modernize an area of finance that has long depended on manual, voice-based workflows. These traditional methods, while trusted, often slow down processes and increase operational risks. By integrating OTCX’s advanced execution venues directly into the Aladdin ecosystem, the partnership seeks to streamline the trading experience making it more transparent, efficient, and cost-effective for market participants.
Through this integration, Aladdin users will gain access to a full suite of end-to-end workflow capabilities, covering everything from price discovery and market requests to execution and post-trade processing. This will provide seamless connectivity across a comprehensive range of OTC derivatives, enabling smoother and faster operations for buy-side firms and dealers alike.
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Nicolas Koechlin, CEO of OTCX, emphasized the importance of this collaboration, stating, “Integrating with the Aladdin platform is a pivotal step for OTCX and for the OTC derivatives market as a whole. Our goal is to give market participants more choice, lower costs, and more efficient workflows in markets that have historically been complex and fragmented. Together with BlackRock Aladdin, we are excited to accelerate the industry’s shift from manual voice trading to seamless digital execution, delivering transformative value for buy-side firms and dealers globally.”
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This partnership not only underscores OTCX’s commitment to innovation but also signals a broader shift across financial markets toward a future where technology enhances transparency, reduces friction, and empowers smarter trading decisions.
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