Virtu Financial Announces Strategic Collaboration with ClearingBid to Expand ClearingBid’s Platform for Primary Share IPO Investing
2024年2月27日 - 11:00PM
Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of
financial services and products that leverage cutting-edge
technology to deliver innovative, transparent trading solutions to
clients and liquidity to the global markets, today announced a
strategic engagement with ClearingBid, Inc., the world’s first IPO
investing network.
Under the terms of the agreement, ClearingBid’s proprietary IPO
network will leverage Virtu ITG Net’s scaled connectivity platform.
All brokers and financial institutions that rely on Virtu’s
connectivity to complete millions of transactions every day will
now be able to place orders for IPO shares using the same order
entry systems as secondary market limit orders.
Virtu’s intelligent, integrated network, ITG Net, enables
clients to go well beyond the basics of connectivity. In addition
to providing reliable, 24/6 managed access to trade with over 700
brokers and market centers globally, ITG Net provides invaluable
tools and transparency to enhance clients’ trading process before,
during, and after the trade.
Steve Cavoli, EVP and Head of Global Execution Services at
Virtu, commented “The combination of Virtu’s vast, FIX network and
trading infrastructure with ClearingBid’s novel IPO offering, will
expand access to the primary market to all investors and their
brokers, expanding access to one of the most important parts of our
capital markets.”
“Virtu is one of the industry’s largest trading providers with
premier processing and fulfillment capabilities,” noted Matt
Venturi, ClearingBid CEO and Founder. “By providing investors with
seamless order entry and accessibility, and having Virtu ITG Net
serve as our preferred network service provider, ClearingBid moves
one step closer in our mission to enhance an often inefficient and
opaque IPO process. Our partnership with Virtu further supports
ClearingBid’s ability to leverage today’s securities industry
infrastructure and order entry protocols to meet the growing demand
for access to IPO investing. The shared vision, to create a new IPO
investing standard while driving further industry transparency,
will help to expand investment opportunities for retail and
institutional investors alike.”
The combined capabilities of Virtu’s global FIX connectivity
solutions and ClearingBid’s IPO network aims to make primary share
IPO investing open to all brokers on the network and importantly
their end investors. ClearingBid’s price discovery platform, which
allows issuing companies to optimize the IPO price while achieving
the broadest potential investor participation, will be further
enhanced by Virtu ITG Net’s connectivity with hundreds of
broker-dealers who can now seamlessly onboard with ClearingBid’s
primary market solution.
About Virtu Financial Virtu Financial is a
leading financial services firm that leverages cutting-edge
technology to provide execution services and data, analytics and
connectivity products to its clients and deliver liquidity to the
global markets. Leveraging its global market making expertise and
infrastructure, Virtu provides a robust product suite including
offerings in execution, liquidity sourcing, analytics and
broker-neutral, multi-dealer platforms in workflow technology.
Virtu product offerings allow clients to trade on hundreds of
venues across 50+ countries and in multiple asset classes,
including global equities, ETFs, foreign exchange, futures, fixed
income and myriad of other commodities. In addition, Virtu’s
integrated, multi-asset analytics platform provides a range of pre-
and post-trade services, data products and compliance tools that
clients rely upon to invest, trade and manage risk across global
markets.
Virtu Media Relations media@virtufinancial.com
About ClearingBid, Inc.ClearingBid is the
world’s first and only IPO network. ClearingBid opens IPO investing
for all, drives true market-based pricing, assures equitable
allocations, and creates economic value for companies, investors
and the entire investment ecosystem. Our goal is to open the black
box of IPO investing and to become the de facto network for every
IPO. For more information, visit www.clearingbid.com
ClearingBid Media Relations media@clearingbid.com
Virtu Financial (NASDAQ:VIRT)
過去 株価チャート
から 5 2024 まで 6 2024
Virtu Financial (NASDAQ:VIRT)
過去 株価チャート
から 6 2023 まで 6 2024