Blackrock (BLK) Seeks To Remove Investment Banks From Equation

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HFA Staff
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Blackrock Inc. (NYSE:BLK) is continuing its move to be more than just a profit making companyand using its power in the market to influence the way investment works today. The firm announced plans to introduce a new trading platform that will allow investors to invest in bonds without having to go through an investment bank. The company released the information today and it was reported by the Bloomberg earlier today. The new system may be a sign of bigger things to come from the Wall Street company. The move has the potential to change the structure of bond investment giving…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.