Virtu Financial
Virtu Financial, Inc. (Form: 8-K, Received: 03/16/2017 07:22:38)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of earliest event reported):  March 16, 2017

VIRTU FINANCIAL, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
001-37352
(Commission File No.)
32-0420206
(IRS Employer
Identification No.)
 
 

900 Third Avenue
New York, NY 10022-1010
(Address of principal executive offices)
 
(212) 418-0100
(Registrant’s telephone number, including area code)
NOT APPLICABLE
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):
☐  
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐  
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


ITEM 7.01
REGULATION FD DISCLOSURE
On March 16, 2017, Virtu Financial, Inc. (the “Company”) issued a press release relating to its proposal to acquire KCG Holdings, Inc. A copy of the Company’s press release is attached as Exhibit 99.1 to this report on Form 8-K and is incorporated by reference herein.

The information in this report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
 

 
Item 9.01
Financial Statements and Exhibits
 
(d)       Exhibits
 
Exhibit No.
 
Description
 
 
 
99.1
 
Press release of Virtu Financial, Inc., dated March 16, 2017.
 
 

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
  Virtu Financial, Inc.
 
       
 
By:
/s/ Justin Waldie  
    Name:  Justin Waldie  
   
Title:    Senior Vice President, Secretary and
             General Counsel 
       
 
 
Dated:  March 16, 2017
 

EXHIBIT 99.1
 
Virtu Financial, Inc.
900 3 rd Avenue, 29 th Floor
New York, New York 10022
 
Virtu Releases Statement
NEW YORK, March 16, 2017 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading technology-enabled market maker and liquidity provider to the global financial markets, today released the following statement:
“While we typically do not as a matter of policy comment about Virtu’s merger and acquisition activities, following yesterday’s press release by KCG Holdings, Inc. we can confirm that Virtu made a preliminary, non-binding proposal to acquire KCG.  There are no assurances that any transaction will result from this proposal and Virtu does not intend to make any additional comments regarding this matter at this time.”
About Virtu Financial, Inc.
Virtu is a leading technology-enabled market maker and liquidity provider to the global financial markets. We stand ready, at any time, to buy or sell a broad range of securities and other financial instruments, and we generate revenue by buying and selling securities and other financial instruments and earning small amounts of money on individual transactions based on the difference between what buyers are willing to pay and what sellers are willing to accept, which we refer to as “bid/ask spreads,” across a large volume of transactions. We make markets by providing quotations to buyers and sellers in more than 12,000 securities and other financial instruments on more than 235 unique exchanges, markets and liquidity pools in 36 countries around the world. We believe that our broad diversification, in combination with our proprietary technology platform and low-cost structure, enables us to facilitate risk transfer between global capital markets participants by supplying liquidity and competitive pricing while at the same time earning attractive margins and returns.
Cautionary Note Regarding Forward-Looking Statements
The foregoing information and certain oral statements made from time to time by representatives of the Company contain certain forward-looking statements that reflect the company’s current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Company’s operations and business environment which may cause the company’s actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the company on the date of this release. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the Company’s financial results may be found in the Company’s filings with the Securities and Exchange Commission.
 
CONTACT
 
Investor Relations
Andrew Smith
Virtu Financial, Inc.
(212) 418-0195
investor_relations@virtu.com
 
Media Relations
media@virtu.com