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>> SILVER Latest News

FEB 24, 2014 - Zero Hedge

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Is This The Top? HFT Firm Files For IPO

Having sold his 7-bedroom NY mansion, the CEO of Virtu Financial (the high-frequency-trading firm that accounts for 5% of US equity trading volume) appears to believe investors are ripe for him to IPO his firm. As The FT reports, New York-based Virtu is aiming to raise between $250-$350m from a listing that would make it the first electronic trading business that trades with its own funds to launch an IPO. The question, of course, is, will Virtu be the top-ticking, greater-fool-finding IPO of this bubble that Blackstone was for the last one?   Via The FT, Virtu, a global ... Read More

Tags: Is This The Top? HFT Firm Files For IPO,  Silver Latest News