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Temasek Buys Stake In U.s. Electronic Trading Firm Virtu

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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Man passes a logo of state investor Temasek Holdings at their office in SingaporeHONG KONG/SINGAPORE (Reuters) - Singapore state investor Temasek Holdings has agreed to buy a minority stake in Virtu Financial Inc, the New York-based electronic dealing firm said on Monday, in a bet on the growth of automated trading globally. Temasek is buying a portion of U.S. private equity giant Silver Lake Partners' stake in the company, Virtu said in a statement. Virtu did not disclose the terms of the deal. A spokesman for Temasek confirmed the investment, but declined to comment on the size of the deal. ...




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