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Virtu makes minority investment in SBI Japannext

First Published 6th July 2016

Virtu Financial enters into a strategic minority investment with SBI Japannext.

New York - Virtu Financial is making a strategic minority investment in SBI Japannext, a Proprietary Trading System (PTS) based in Tokyo. The investment is part of Virtu's strategic long-term commitment to the Japanese marketplace.

Douglas A. Cifu, CEO of Virtu, said the investment will help Virtu increase its footprint within Asia. Mr. Cifu will join Japannext's Board of Directors.