BlackRock’s technology arm has struck a new deal with London-based fintech OTCX to drag one of the last voice-dominated corners of finance — over-the-counter derivatives trading — fully onto the screen.The multi-year partnership will plug OTCX’s electronic marketplace directly into BlackRock’s Aladdin system, the portfolio and trading platform used by hundreds of the world’s asset managers and insurers. The integration will allow Aladdin users to request quotes, negotiate prices, execute, and complete post- ...

Investors in US corporate bonds are earning so much money from their interest payments and reinvesting it so quickly that companies can’t keep up with the demand. Blue-chip businesses have sold more than $1 trillion of bonds this year through August, data compiled by Bloomberg shows. Yet money managers have received even more than that in interest and principal payments, according to BNP Paribas — most of which they will pour back into the market. Most Read from Bloomberg The bank estimates that inve ...