Virtu Financial hopes to raise up to $314.1 million in IPO

April 6, 2015 4:33 PM

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High frequency trading firm Virtu Financial Inc. hopes to raise as much as $314.1 million in an initial public offering of common shares, according to a regulatory filing Monday.

The New York-based company plans to publicly offer just over 16.5 million shares at between $17 and $19 apiece. At the upper end, that would raise $314.1 million. The offering's underwriters would also get an option to buy just under 2.5 million additional shares.

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