Virtu closes $1 billion ITG acquisition
Agency broker ITG has been acquired by Virtu Financial for $1 billion after confirming plans to merge late last year.
Tag: Virtu Financial
Virtu to maintain ITG broker-dealer entities as tie-up nears completion
Virtu has obtained certain regulatory approvals for ITG takeover with completion of the deal expected in the first quarter this year.
Trading Venues
MEMX: The road ahead
Following news of major US players looking to establish a member-owned equities exchange, industry experts agree the move could prove to be positive for markets, but warn the road ahead for MEMX may be a difficult one.
Major US institutions to rival NYSE and Nasdaq with launch of ‘low-cost’ exchange
Morgan Stanley, Virtu Financial, Citadel Securities, UBS and Fidelity Investments are among the firms looking to establish a low-cost, transparent equities exchange.
Wall Street goes to war over market data and access
A roundtable hosted by the SEC with high-profile market participants highlighted just how divided Wall Street and regulated exchanges are on the issue of market data and access to exchanges, writes Hayley McDowell.
Instinet adds XTX Markets to SI aggregator in latest liquidity streaming deal
XTX Markets joins Virtu Financial, Sun Trading and SSW Market Making as liquidity providers on Instinet’s SI aggregator platform.
Instinet pens liquidity streaming agreement with SSW Market Making
Instinet adds to liquidity streaming partnerships implemented with Virtu Financial and Sun Trading last year, expanding liquidity coverage of stocks and ETFs.
Former Goldman Sachs European electronic trading head joins Redburn
Michael Seigne spent 22 year with Goldman Sachs before joining KCG and then Virtu Financial following their merger last year.
Buy-side warming to Virtu Financial’s SI, chief says
Virtu Financial CEO Doug Cifu outlines growth of its systematic internaliser and targets further growth of the service in Europe.
Virtu Financial registers as HFT in Japan
Virtu Financial’s Singapore entity gains regulatory approval to operate a high-speed trading business in Japan.