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Virtu Financial Inc (VIRT.OQ)

VIRT.OQ on NASDAQ Stock Exchange Global Select Market

17.65USD
12 Dec 2017
Change (% chg)

$0.25 (+1.44%)
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$17.40
Open
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Volume
98,197
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142,044
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Latest Key Developments (Source: Significant Developments)

Virtu Financial Announces Additional $50 Mln Repayment And Starts Marketing Of Repricing Transaction
Wednesday, 29 Nov 2017 08:00am EST 

Nov 29 (Reuters) - Virtu Financial Inc ::VIRTU FINANCIAL ANNOUNCES ADDITIONAL $50 MILLION REPAYMENT AND COMMENCES MARKETING OF REPRICING TRANSACTION.VIRTU FINANCIAL - ‍PROVIDED NOTICE TO LENDERS,IT WILL PREPAY ADDITIONAL $50 MILLION IN PRINCIPAL ON 1ST LIEN SENIOR SECURED TERM LOAN FACILITY ON DEC 1​.VIRTU FINANCIAL INC - ‍PAYMENT WILL BRING CO'S TOTAL TL PREPAYMENTS SUBSEQUENT TO ACQUISITION OF KCG HOLDINGS ON JULY 20 TO $250 MILLION​.VIRTU FINANCIAL INC - ‍CONCURRENTLY, VIRTU HAS COMMENCED MARKETING FOR A REPRICING TRANSACTION REFLECTING A REDUCED TL BALANCE OF $650 MILLION​.VIRTU FINANCIAL - ‍VIRTU ANTICIPATES APPLYING TO TERM LOAN FACILITY​ ESTIMATED AFTER-TAX NET PROCEEDS OF $250 MILLION FROM SALE OF BONDPOINT BUSINESS.  Full Article

Virtu Q3 loss per share $0.17
Tuesday, 7 Nov 2017 06:08am EST 

Nov 7 (Reuters) - Virtu Financial Inc ::Virtu announces third quarter 2017 results.Q3 adjusted earnings per share $0.08.Q3 loss per share $0.17.Q3 revenue rose 64.6 percent to $271.3 million.Q3 revenue view $163.6 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.  Full Article

Virtu Financial appoints ‍Joseph Grano to board
Thursday, 26 Oct 2017 06:23am EDT 

Oct 26 (Reuters) - Virtu Financial Inc :Virtu Financial says Grano following appointment of ‍Joseph Grano to board, board consists of eleven directors​ - SEC filing.Virtu Financial Inc - ‍Company may add one or more new directors as "business needs and opportunities arise​".  Full Article

Virtu Financial to sell BondPoint to Intercontinental Exchange
Tuesday, 24 Oct 2017 04:15pm EDT 

Oct 24 (Reuters) - Virtu Financial Inc :Virtu Financial announces agreement to sell BondPoint to Intercontinental Exchange.Virtu Financial Inc - ‍Virtu will receive $400 million in cash upon close of transaction, net after-tax proceeds​.Virtu Financial Inc - ‍proceeds of deal will be used to repay a portion of Virtu's outstanding term loan​.  Full Article

Virtu to sell BondPoint to Intercontinental Exchange
Tuesday, 24 Oct 2017 04:15pm EDT 

Oct 24 (Reuters) - Virtu Financial Inc ::Virtu Financial announces agreement to sell BondPoint to Intercontinental Exchange.Virtu will receive $400 million in cash upon close of transaction .Says net after-tax ‍proceeds of deal will be used to repay a portion of Virtu's outstanding term loan​.  Full Article

Virtu Financial says unit of co made voluntary prepayment of $100 mln pursuant to terms of senior secured first lien term loan facility
Thursday, 5 Oct 2017 04:11pm EDT 

Oct 5 (Reuters) - Virtu Financial Inc :Virtu Financial- on Sept. 29, unit of co made voluntary prepayment of $100.0 million pursuant to terms of senior secured first lien term loan facility.Virtu Financial Inc says ‍following prepayment aggregate balance of term loan facility is $950.0 million​ - SEC Filing.  Full Article

Virtu Financial Q2 earnings per share $0.01
Tuesday, 8 Aug 2017 07:00am EDT 

Aug 8 (Reuters) - Virtu Financial Inc :Virtu announces second quarter 2017 results.Q2 adjusted earnings per share $0.13.Q2 earnings per share $0.01.Q2 revenue fell 16.8 percent to $144.9 million.Q2 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.Virtu Financial - as of June 30, 2017, Virtu had total long-term debt outstanding in an aggregate principal amount of $1,681.1 million​.Virtu Financial - ‍as of June 30, 2017, had $165.0 million in cash, cash equivalents, $1,119 million in restricted cash held in escrow to fund KCG acquisition​.Qtrly ‍adjusted net trading income decreased 27.7% to $74.0 million​.  Full Article

Temasek Holdings reports 21.1 pct stake in Virtu Financial
Monday, 31 Jul 2017 12:16pm EDT 

July 31 (Reuters) - Temasek Holdings (Private) Limited Reports 21.1 Pct Stake In Virtu Financial Inc :Temasek Holdings (Private) Limited reports 21.1 pct stake in Virtu Financial Inc <<>> as of July 20 - SEC filing.Temasek Holdings (Private) Limited's stake in Virtu Financial Inc is in co's Class A common stock.Temasek Holdings (Private) Limited says purchased the Virtu Financial shares for investment purposes.  Full Article

Virtu Financial, on June 30 orchestra borrower, entered into escrow credit agreement with lenders party thereto and JPMorgan Chase Bank
Friday, 7 Jul 2017 05:43pm EDT 

July 7 (Reuters) - Virtu Financial Inc ::Virtu financial - on june 30 orchestra borrower, unit of co entered into escrow credit agreement with lenders party thereto and jpmorgan chase bank n.a.Virtu financial inc - escrow credit agreement provides for a $610.0 million term - sec filing.Virtu financial inc - units amended and restated existing credit agreement which provides for a $540.0 million first lien senior secured term loan.Virtu financial - term loan facility matures on december 30, 2021.Virtu financial inc - existing revolving facility matures on earlier of april 15, 2018 and date of escrow assumption.Virtu financial - under amended, restated credit agreement, borrower may request incremental term loan facilities in an amount of up to $200 million.  Full Article

KCG announces redemption of 6.875% senior secured notes due 2020
Wednesday, 21 Jun 2017 04:45pm EDT 

June 21 (Reuters) - KCG Holdings Inc :KCG announces redemption of 6.875% senior secured notes due 2020.As of june 21, 2017, $465 million aggregate principal amount of 6.875% senior secured notes due 2020 were outstanding.On redemption date, co will pay to registered holders of the 2020 notes a redemption price equal to 103.438% of principal amount of notes.To redeem notes on business day immediately after date of agreement, plan of merger, by and among co, Virtu Financial, Orchestra Merger Sub.  Full Article

BRIEF-Virtu Financial Announces Additional $50 Mln Repayment And Starts Marketing Of Repricing Transaction

* VIRTU FINANCIAL ANNOUNCES ADDITIONAL $50 MILLION REPAYMENT AND COMMENCES MARKETING OF REPRICING TRANSACTION