Cboe Global Markets, the largest exchange holding company, agreed to acquire MATCHNow, a provider of equities alternative trading system, from Virtu Financial, a provider of financial services. Financial terms were not disclosed. The transaction is expected to close in the third quarter of 2020, subject to regulatory approvals and other customary closing conditions. "MATCHNow offers an innovative equities platform, pioneering spirit and customer-first approach that are complementary with Cboe's equities business. This is a highly strategic acquisition that enables us to expand into a new key geography, and strengthens our position as a global leader in providing innovative solutions and technology to enhance our customers' trading experience. With our US and European presence covering many of the world's largest equities marketplaces, we are excited to enter the Canadian market," Ed Tilly, Cboe Global Markets Chairman, President and Chief Executive Officer.