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    Forums ›› Main ›› Wall St. News ›› BlackRock Plans to Start Bond-Trading System to Bypass Banks  


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Banjo
 

Registered: Feb 2002
Posts: 3336

 

04-12-12 05:42 PM

This is interesting.

http://www.bloomberg.com/news/2012-...ment-banks.html

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Bob111
 

Registered: May 2002
Posts: 6473

 

04-12-12 08:05 PM

if i understand this correctly-only clients of BLK will be allowed to trade between each other. make no difference for retail guy like me.
maybe less orders\liquidity on regular bonds markets,cause they are going to trade between each other. another dark pool,less transparency,less liquidity for all of us.


----------BlackRock’s new platform would allow 46 clients to trade corporate bonds, mortgage securities and other assets, according to the Wall Street Journal, which reported the plan earlier today. ----

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