Virtu Financial Offloads BondPoint to Intercontinental Exchange

[kreslik.news]

Virtu Financial (NASDAQ:VIRT) has continued making moves that will shake up the institutional space. After acquiring KCG Holdings (NYSE:KCG) in a landmark deal earlier this year, the group has undergone an agreement to offload fixed income trading venue BondPoint to Intercontinental Exchange.

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BondPoint is a provider of electronic fixed income trading solutions, delivering access to centralized liquidity and automated, cost-efficient trade execution services. The deal will net Virtu Financial upwards of $400 million for the fixed income trading venue. By ... (read more)