MutualFundWire.com: BlackRock Proposes Standardized Bonds
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Tuesday, June 18, 2013

BlackRock Proposes Standardized Bonds


BlackRock [profile] announced that standardization of the U.S. investment-grade corporate bond market "looks unavoidable in the long run," the WSJ reported.

In the past, BlackRock has stated that bonds trade infrequently once they become 30 to 60 days old, making it difficult to exit positions cheaply. Wall Street dealers have exacerbated the issue by increasing limits on when BlackRock can step in without a buyer immediately on hand.

Last year, BlackRock introduced Aladdin Trading Network to address problems in the corporate bond market. Now the platform has been "revamped" as a portal for clients to access other trading platforms, Katy Burnes writes.


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