Virtu Financial Announces Strategic Collaboration with ClearingBid to Expand ClearingBid’s Platform for Primary Share IPO Investing
Under the terms of the agreement, ClearingBid’s proprietary IPO network will leverage Virtu ITG Net’s scaled connectivity platform.
- Under the terms of the agreement, ClearingBid’s proprietary IPO network will leverage Virtu ITG Net’s scaled connectivity platform.
- All brokers and financial institutions that rely on Virtu’s connectivity to complete millions of transactions every day will now be able to place orders for IPO shares using the same order entry systems as secondary market limit orders.
- Virtu’s intelligent, integrated network, ITG Net, enables clients to go well beyond the basics of connectivity.
- Our partnership with Virtu further supports ClearingBid’s ability to leverage today’s securities industry infrastructure and order entry protocols to meet the growing demand for access to IPO investing.