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Virtu Financial
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Technology
Virtu Financial Reports 82% YoY Increase in 2018 Revenues
2019-02-07T14:43:40.000+02:00
Total revenues in the final quarter of 2018 fell by 4.8 per cent year-on-year.
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Virtu Expects ITG Acquisition to be Finalised by Q1 2019
2019-01-25T16:47:21.000+02:00
The company has already received some of the necessary regulatory approval to complete the deal.
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Virtu Financial Triples its Revenues in Final Quarter of 2018
2019-01-09T10:02:13.000+02:00
The company said strong market conditions and its acquisition of KCG Holdings drove growth last year.
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Executive Moves
Virtu Financial Adds David Urban to Board of Directors
2018-12-12T10:01:17.000+02:00
Urban joins Virtu with more than two decades worth of experience in senior leadership positions.
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Brokers
Virtu Financial to Acquire Independent Broker ITG For $1 Billion
2018-11-07T15:12:36.000+02:00
Virtu will buy all outstanding shares of ITG’s Common Stock for $30.30 per share in cash.
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Institutional FX
Virtu Weighing up Investment Technology Group Acquisition
2018-10-05T08:58:49.000+02:00
The reported interest comes a year after Virtu acquired KCG Holdings for $1.3 billion
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Execution
Virtu Seeks to Reprice KCG Deal’s Outstanding Loan, Prepays Additional $74m
2018-09-07T18:55:36.000+02:00
In 2017, Virtu Financial has acquired rival KCG Holdings Inc. for $1.4 billion in cash.
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Execution
Virtu Financial Offloads BondPoint to Intercontinental Exchange
2017-10-25T10:02:22.000+02:00
ICE will acquire fixed income trading venue BondPoint for $400 million in cash.
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Executive Moves
Virtu Financial Secures Robert Greifeld, Former Nasdaq CEO, as Chairman
2017-06-15T15:42:53.000+02:00
Robert Greifeld lands at Virtu Financial to leads its board following the group's acquisition of KCG.
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Execution
Breaking: Virtu Financial Buys KCG Holdings for $1.4 Billion
2017-04-20T14:18:29.000+02:00
Virtu expects to realize $208 million of net savings in two years, in addition to $440 million of capital synergies.
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Execution
Virtu Financial's Takeover of KCG Holdings Is Imminent
2017-04-20T09:30:10.000+02:00
A conformation of the deal is expected today with dire consequences for KCG's HFT traders.
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Technology
Virtu Financial Announces Minority Investment in SBI Japannext
2016-07-05T18:47:57.000+02:00
Virtu Financial to take minority stake in Japannext's Proprietary Trading System.
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Regulation
AMF Fines Euronext Paris and Virtu Financial for Market Manipulation in HFT
2015-12-10T12:51:19.000+02:00
After an analysis of Virtu’s algorithms used and the way in which its trading strategy was implemented, the AMF found several anomalies.
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Execution
High-Frequency Trading Firm Virtu Financial Relaunches IPO Bid
2015-04-06T20:35:51.000+02:00
The HFT giant is restarting its plans for going public after Michael Lewis’s book “Flash Boys” ruined the party last time.
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Execution
FXPA Adds Hotspot and Integral as Institutional Members
2015-02-09T16:42:04.000+02:00
Ahead of voting of its board and officer members, the FXPA foreign exchange industry group is welcoming Integral and Hotspot as its two newest institutional members.
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Technology
Virtu’s Non-Equity Trading Business Set to Expand as Singapore’s Temasek Holding Buys a Stake
2014-12-08T18:26:57.000+02:00
Singapore state investor Temasek Holding is taking a minority stake in Virtu Financial through a purchase of a portion of Silver Lake Partners ownership in the electronic trading firm.
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Technology
Virtu Financial's IPO Becomes a Bright Spark in the Doom & Gloom Affecting the Industry
2014-03-12T09:41:02.000+02:00
One of the largest high frequency trading firms has filed an initial public offering. US based Virtu Financial files with the US Securities Exchange Commission, the move looks to open-up the discreet world of ultra-fast trading.
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Previous
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