KCG Holdings

On April 20, 2017 KCG announced that it had agreed to be acquired by Virtu Financial for $20 per share in cash. KCG is an independent securities firm offering investors a range of services designed to address trading needs across asset classes, product types and time zones. As one of the largest market makers, KCG combines advanced technology with exceptional client service to deliver unique liquidity, lower transaction costs, and improve pricing. For every order, KCG provides investors with a solution, whether market making or principal, lit or dark, voice or automated. KCG serves clients and operates in the markets through three primary businesses. In Market Making, electronic trading combined with experienced traders allow KCG to provide among the highest retail order execution quality in the industry for broker-dealer clients. Through the Company's Global Execution Services, institutions have access to sophisticated algorithms and experienced trading desks to access deep liquidity, maintain anonymity and minimize market impact. Its execution Venues are leading electronic trading marketplaces with a combination of liquidity and functionality available nowhere else.