BlackRock isn't a whole lot more advanced than many other asset managers. So sure, Wall St. uses algorithms to trade, but that's not really news... Separately,

BlackRock isn't a whole lot more advanced than many other asset managers. So sure, Wall St. uses algorithms to trade, but that's not really news... Separately, BlackRock bought FutureAdvisor so that it could use machines to do the opposite of picking stocks; i.e. rebalance assets using index funds. A very different proposition.