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Actionable news in VIRT: Virtu Financial Inc,

Virtu Financial just filed a prospectus, suggesting it plans to soon issue some securities

Virtu Financial just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

We estimate our net proceeds from this offering will be approximately $8.6 million, after deducting underwriting discounts and commissions of approximately $0.2 million. We intend to use our net proceeds from this offering to repurchase Virtu Financial Units and corresponding shares of Class C common stock from one of our employees at a net price equal to the price paid by the underwriters for...


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