About This Deal

Intercontinental Exchange acquired Virtu BondPoint for US$400 million (cash), a transaction announced in October 2017.

Acquired an electronic fixed income trading platform (ATS) linking more than 500 financial firms from Virtu Financial, adding centralized liquidity and automated execution to ICE's fixed income business. Announced October 24, 2017 and completed in the first quarter of 2018.

Acquired an electronic fixed income trading platform (ATS) linking more than 500 financial firms from Virtu Financial, adding centralized liquidity and automated execution to ICE's fixed income business. Announced October 24, 2017 and completed in the first quarter of 2018.

Deal Terms

Acquirer
Intercontinental Exchange
Target
Virtu BondPoint
Value
US$400 million (cash)
Date
October 2017
Type
Full acquisition
Status
Completed

Transaction Details

Announced
October 24, 2017

In Their Words

We believe adding BondPoint's capabilities to our data and technology infrastructure will allow us to continue to innovate for our customers as the fixed income markets evolve.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

See how Top Bucket AI works for your firm

Request Demo
Top Bucket AI Research

Stay ahead of private markets

Research and market intelligence for private-markets professionals.

✓

You're subscribed.

Thanks for signing up.