This is interesting. http://www.bloomberg.com/news/2012-...rading-system-to-bypass-investment-banks.html
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. ----------BlackRockâs 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. ----