Temasek-backed trading firm Virtu Financial to buy KCG for about $1.4b

Temasek-backed trading firm Virtu Financial to buy KCG for about $1.4b

Daniel Coleman, CEO of KCG Holdings, Inc. (KCG), speaks at the Sandler O'Neill + Partners, L.P. Global Exchange and Brokerage Conference in New York, June 3, 2015. REUTERS/Mike Segar

Virtu Financial Inc said it would buy rival KCG Holdings Inc in a $1.4 billion deal that brings together two major U.S. electronic trading and market-making firms.

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