Virtu Financial, Inc. (NASDAQ: VIRT) has just announced that it will launch new transaction cost and market impact models for FX and fixed income, as part of ongoing enhancements to its comprehensive multi-asset class TCA offering. Kevin O’Connor, Virtu’s Head of Analytics and Workflow, commented: Our ACE Analytics product has been the leading cost and…
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Virtu Financial, Inc. (NASDAQ:VIRT) has entered into a definitive agreement to acquire Investment Technology Group, Inc. (NYSE:ITG) back in September 2018. The company has agreed to acquire ITG in a cash transaction valued at $30.30 per ITG share. September 2018 was definitely a good month for the company, as it has prepaid another $74 million…
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The technology-enabled market maker Virtu Financial, Inc. (NASDAQ: VIRT) has just announced the addition of David Urban to its Board of Directors. David’s deep experience as a business and governmental relations executive and demonstrated leadership acumen will add significant value to our Board of Directors,” said Robert Greifeld, Virtu’s Chairman. “We look forward to benefiting from…
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Virtu Financial, Inc. (NASDAQ: VIRT) has just announced that it has entered into a definitive agreement to acquire Investment Technology Group, Inc. (NYSE: ITG), which has been unanimously approved by the Board of Directors of ITG and Virtu. Virtu has agreed to acquire ITG in a cash transaction valued at $30.30 per ITG share. Clients…
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Virtu Financial, Inc. (NASDAQ: VIRT), a technology-enabled market maker and liquidity provider to the global financial markets, has today reported results for the fourth quarter and the full year ended December 31, 2017. Fourth Quarter and Full Year Selected Highlights Fourth Quarter 2017: Net income of $47.8 million, Normalized Adjusted Net Income* of $41.4 million…
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KCG Holdings, Inc. (NYSE: KCG), a leading independent securities firm offering investors a range of services designed to address trading needs across asset classes, product types and time zones, today confirmed that it has received an unsolicited proposal from Virtu Financial, Inc. (NASDAQ: VIRT) to acquire all the outstanding shares of KCG's common stock for $18.50-$20.00…
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