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Virtu Exploring IPO

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The electronic trading firm Virtu Financial LLC is planning to go public with the assistance of Goldman Sachs Group Inc (NYSE:GS). Virtu is known as a market maker that deals in equities, currencies, fixed income, and commodities. Besides the U.S., Virtu has offices in Europe and Asia. The private equity firm Silver Lake owns a substantial stake in Virtu. According to the WSJ, Virtu’s Ebitda is above $250 million. The IPO would most likely occur in the first quarter of 2014.