Intercontinental Exchange Completes Acquisition of Virtu BondPoint

Intercontinental Exchange announced it has completed its acquisition of Virtu BondPoint from Virtu Financial for $400 million in cash. BondPoint is a provider of electronic fixed income trading solutions for the buy-side and sell-side offering access to centralized liquidity and automated trade execution services through its alternative trading system (ATS), linking more than 500 financial services firms. BondPoint will become part of ICE’s fixed income trading and data solutions.