Virtu issued an initial public offering of its stock in April 2015, raising $314 million. Last August, the firm announced it will provide J.P. Morgan Chase with technology and market access to help the bank trade in U.S. Treasuries. KCG stock
Jassy Andrew R sold $1.90M worth of stock. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Therefore 91% are positive. KCG Holdings Inc. Class A had 11 analyst reports since August 5, 2015 …
Shares of KCG Holdings Inc. soared 11% toward a record high in premarket trade Thursday, after the securities trading company agreed to be acquired by Virtu Financial Inc. in a deal valued at $1.4 billion. Under terms of the deal, Virtu will …
On the other hand, bearish investors could view a new 52-week high as a signal of the end of a strong run, with the stock possibly peaking out before an impending period of decline. For KCG Holdings Inc. Class A, the new 52-week high …
The offer represents a 31 per cent premium to KCG’s closing stock price on March 14 — the day before the offer — but remains below the company’s book value per share of $20.20, according to data from Bloomberg. KCG, Virtu and …
Quantitative Systematic Strategies holds 0.71% or 33,140 shares in its portfolio. The stock declined 0.67% or $0.36 reaching $53.67 on the news. Class A (NYSE:KCG) or 1,616 shares. Alpha Windward Lc holds 8,695 shares. …
Jefferies LLC, who is a majority stakeholder in KCG with 24.5% stake, has signed a voting agreement in favour of the deal. Virtu plans to finance the deal by selling a portion of its common stock and debt financing. Virtu plans to raise $750 …
KCG is a major player in arenas that Virtu hasn’t entered, including executing individual investors’ stock trades for brokerages such as E*Trade Financial Corp. and TD Ameritrade Holding Corp. The takeover bid comes as algorithmic …
The Justice Department has subpoenaed information from Citadel and KCG related to the firms' execution of stock trades on behalf of clients, according to people familiar with the investigation. Authorities are examining internal data …