Temasek Nearly Halves Position in Virtu Financial
Posted on 05/18/2021
Virtu Financial, Inc. is one of the largest providers of financial services, trading products, and market making services. Singapore’s Temasek Holdings cut its position in Virtu Financial in the first quarter of 2021 from 11,380,503 shares to 6,380,503 shares. The estimated position sold is US$ 155,250,000.
Virtu Financial was able to generate a record 77.6% adjusted EBITDA margin in the first quarter of 2021.