Virtu Financial Seeks IPO Reboot
High-frequency trading shop to test public offering waters after first aborted attempt.
The firm, founded by Vincent Viola and now partially owned by Singaporean wealth fund Temasek after it took over Silver Lake's equity investment last December, is seeking approximately $313.5 million in an initial stock sale. A proposed maximum aggregate offering has been set at $361,230,128, according to an S-1 prospectus filed today with the US Securities and Exchange Commission.
It is set to begin trading on Nasdaq later this month.
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