Intercontinental Exchange acquired Virtu BondPoint for US$400 million (cash), a transaction announced in October 2017.
Acquired an electronic fixed income trading platform (ATS) linking more than 500 financial firms from Virtu Financial, adding centralized liquidity and automated execution to ICE's fixed income business. Announced October 24, 2017 and completed in the first quarter of 2018.
Acquired an electronic fixed income trading platform (ATS) linking more than 500 financial firms from Virtu Financial, adding centralized liquidity and automated execution to ICE's fixed income business. Announced October 24, 2017 and completed in the first quarter of 2018.
We believe adding BondPoint's capabilities to our data and technology infrastructure will allow us to continue to innovate for our customers as the fixed income markets evolve.
Advisory firms were not disclosed for this transaction.