Intercontinental Exchange completes acquisition of Virtu BondPoint

Virtu Financial, Inc. (NASDAQ:VIRT), a technology-enabled market maker and liquidity provider to the global financial markets, today announced the closing of the sale of the BondPoint business to Intercontinental Exchange (NYSE:ICE) for a total purchase price of $400 million.

Back in October 2017, Virtu shared it has entered into a definitive agreement to sell Virtu’s fixed income trading venue, BondPoint, to Intercontinental Exchange.

BondPoint is a provider of electronic fixed income trading solutions for the buy-side and sell-side offering access to centralized liquidity and automated trade execution services through its ATS, linking more than 500 financial services firms.

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