Search Results for: Virtu Financial
KCG announces consolidated earnings of $0.05 per diluted share for 1Q2017
April 24th, 2017
KCG accepts proposal from Virtu Financial, INC. to acquire all outstanding shares of KCG’s Class A common stock for $20 per share – A 46 percent premium to unaffected price KCG Holdings, Inc. (NYSE: KCG) announced that it has reached ...
JPMorgan to use computerized technology in dealer to dealer market
August 4th, 2016
Three-year deal is for the dealer-to-dealer Treasury market Virtu is one of the world’s biggest electronic trading firms JPMorgan Chase & Co. will use a computerized trading firm’s technology to access and trade in the U.S. Treasury market, marking ...
A computerized trading firm beat Banks in the rankings of the world’s biggest spot currency traders
May 26th, 2016
XTX is the first electronic specialist to break into top five Deutsche Bank was the biggest currency trader until 2014 Computerized trading firm XTX Markets Ltd. has come from nowhere to dethrone major banks including Deutsche Bank AG in the ...
J.P. Morgan Fires KCG Holdings as Its NYSE Market Maker
January 7th, 2016
Virtu Financial appointed as J.P. Morgan’s new NYSE market maker J.P. Morgan Chase & Co. has replaced its market maker on the floor of the New York Stock Exchange with Virtu Financial Inc., according to a trader notice sent ...
Credit Suisse plans trading floor for Dublin
November 16th, 2015
Swiss bank wants to move 40 traders and 60 support staff to Ireland as part of a cost-cutting drive Credit Suisse is on course to become the first international bank to set up a major trading floor in Dublin. The ...
Nasdaq Expands Global Commodities Initiative With Energy Derivatives
March 11th, 2015
Founding Market Participants Endorse Competitive Pricing and Innovative Clearing Solution Nasdaq announced the establishment of a new energy futures market with the support of leading commodities participants. Nasdaq Futures (NFX) will offer competitive pricing, an innovative clearing solution and high-performance technology ...
Bats Global Markets Names Chris Concannon CEO; Joe Ratterman Becomes Chairman
February 25th, 2015
BATS Global Markets (BATS), a leading operator of U.S. and European markets, today announced that President Chris Concannon will be appointed to the additional role of chief executive officer, effective March 31, 2015. Mr. Concannon arrived at BATS as ...
SEC targets 10 firms in high frequency trading probe – SEC document
July 18th, 2014
The U.S. Securities and Exchange Commission (SEC) has been seeking information on 10 registered broker dealers as part of an ongoing investigation into high-frequency trading strategies, according to an internal SEC document reviewed by Reuters. The regulator told its ...
High-Speed Trading Rules Coming From SEC
June 6th, 2014
U.S. Securities and Exchange Commission Chair Mary Jo White unveiled the regulator’s most sweeping plan yet for reining in high-frequency trading and monitoring dark pools and other secretive trading practices in the world’s largest equity market. Proprietary traders who ...
Inflation, asset and consumer prices
June 25th, 2021
“The Fed finds itself between a rock and a hard place: either it keeps inflating or the whole confidence-based valuation of financial assets collapses. Either it raises interest rates or the dollar collapses.” There has been occasional speculation ...
