One of Wall Street’s best-known high-frequency trading shops has found a Virtu-ous M&A circle. Doug Cifu’s outfit is embracing diversity by acquiring agency-brokerage and analytics shop ITG. The deal also offers Virtu Financial practically free insurance against a market downturn: Cost cuts are likely to cover most of the $1 bln price tag. Cifu is developing a knack for buying his way out of a tight spot. As becalmed markets slowed Virtu’s core trading business, he beefed up the books last year by snaring rival KCG, which had rebuffed him five years earlier. Migrating KCG’s business onto Virtu’s trading technology

HOLIDAY RAFFLE PROMO CODE: ANALYTICS