Virtu's IPO set to land, a year after postponement

April 15, 2015 3:56 PM

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NEW YORK, April 15 (Reuters) - Shares of Virtu Financial Inc , an electronic market maker that postponed its IPO a year ago amid the furor over Michael Lewis' book "Flash Boys," are slated to begin trading on Thursday in a possible sign that public angst over "high-frequency" trading is waning.

Virtu, whose stock will trade under the symbol "VIRT" and list on Nasdaq, is offering 16.5 million class A shares that are expected to price at $17 to $19 a share, and value the company at $2.6 billion. Virtu will raise up to $314 million.

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