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BlackRock (BLK) is planning to launch a trading platform this year that would let money...

BlackRock (BLK) is planning to launch a trading platform this year that would let money managers, including sovereign wealth funds and insurance companies, trade bonds directly with one another, completely bypassing Wall Street's big banks. The move could be a major blow to a lucrative revenue stream for investment banks.
Comments (1)
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Larry Fink at what he does best: invent new markets. I view this as a positive move, but it is not clear what the long-term impact will be. One positive could be increased transparency.
    12 Apr 2012, 02:16 PM Reply Like
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