Search Results for: Virtu Financial Inc.
U.S. District Court finds that virtual currencies are commodities
October 9th, 2018
On September 26, 2018, Senior Judge Rya W. Zobel of the U.S. District Court for the District of Massachusetts, entered an order holding that the Commodity Futures Trading Commission (CFTC) has the power to prosecute fraud involving virtual currency ...
Corvil Develops World’s First Virtual Security Expert to Address Cybersecurity in Financial Markets
May 17th, 2017
Corvil today announced a cybersecurity solution specifically designed to address the unique security needs of today’s electronic trading businesses looking to solve escalating concerns over cyber attacks while demonstrating compliance with evolving regulations. Powered by sophisticated machine learning algorithms, ...
Virtu Financial proposed to acquire KCG Holdings
March 16th, 2017
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 ...
DFS grants virtual currency license to Coinbase
January 18th, 2017
Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase, Inc., a wholly owned subsidiary of Coinbase Global, Inc., for a virtual currency and a ...
FINRA Fines Deutsche Bank Securities Inc. $12.5 Million for Inadequate Supervision of Internal Communications
August 9th, 2016
The Financial Industry Regulatory Authority (FINRA) today announced it has fined Deutsche Bank Securities Inc. $12.5 million for significant supervisory failures related to research and trading-related information it disseminated to its employees, called ‘hoots’ or ‘squawks,’ over internal speakers ...
KBW and Nasdaq Launch Financial Technology Index
July 20th, 2016
Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ) today announced the launch of the KBW Nasdaq Financial Technology Index (Ticker: KFTX), a preeminent index designed to precisely track the performance of those companies that leverage ...
Virtusa Announces Definitive Agreement to Acquire a Majority Interest in Polaris Consulting & Services, Ltd.
November 5th, 2015
Virtusa and Polaris would together create a leading global provider of end-to-end IT services and solutions to banking and financial services (“BFS”) industry segment. Virtusa and Polaris collectively will have approximately 18,000 (1) employees, generating $826 million of pro ...
Virtu Financial Announces First Quarter 2015 Results
May 6th, 2015
Virtu Financial, Inc. (Nasdaq:VIRT) a leading technology-enabled market maker and liquidity provider to the global financial markets, which priced its initial public offering on April 15, 2015, today reported results for the first quarter ended March 31, 2015. First ...
Virtu IPO Tests Perceptions of High-Speed Trading
April 16th, 2015
High-frequency trading firm prices shares at $19, high end of projected range When Virtu Financial Inc., starts trading Thursday, its performance will be a test of how markets view a firm that has been at the center of controversy ...
Speed Trader Virtu Readies Another IPO Try
April 7th, 2015
Deal could value the company at $2.59 billion With the controversy over high-speed trading firms cooling, one of them is preparing to brave the stock market. Virtu Financial Inc. on Monday outlined plans to go public later this month ...
