Virtu Financial, Inc. Common Stock Offering
5/15/2018

Davis Polk advised the representatives of the underwriters in connection with the SEC-registered offering of 17,250,000 shares of Class A common stock of Virtu Financial, Inc. for an aggregate price of approximately $468.5 million. The shares include 10,518,750 shares sold by Virtu Financial and 6,731,250 shares sold by certain selling stockholders. The Class A common stock is listed on the NASDAQ Global Select Market under the symbol “VIRT.” 

Virtu Financial, based in New York, is a financial services firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to its clients. It supplies execution services and competitive liquidity in over 25,000 securities and other financial instruments, on over 235 venues, in 36 countries worldwide.

The Davis Polk corporate team included partners Michael Kaplan and Shane Tintle and associates John H. Runne and Marcus Tan. Partner Rachel D. Kleinberg provided tax advice. The financial institutions team included counsel Zachary J. Zweihorn and associate Mark A. Sater. Members of the Davis Polk team are based in the New York, Northern California and Washington DC offices.