Thursday, 20 April 2017

Virtu Agrees to Buy Rival Amid Tough Conditions in Speed Trading


High-speed trader Virtu Financial Inc. reached a deal to acquire rival KCG Holdings Inc. for $1.4 billion in cash, a tie-up that would create an electronic trading giant responsible for around one-fifth of volume in U.S. equities.
http://on.wsj.com/2o7xBNx

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