Subsequent Event

12 Months Ended

Dec. 31, 2018

Subsequent Events

Subsequent Events

(26)        Subsequent Events

Merger

On March 1, 2019, the Company completed its merger with and into Merger Sub, surviving the Merger as an indirect wholly owned subsidiary of Virtu.  For additional information regarding the Merger, see Note 1, Organization and Basis of Presentation.

Amendment and Termination of Credit Agreement

On January 25, 2019, the 2018 Credit Agreement was amended to extend the maturity date to expire on March 31, 2019 to maintain financing availability under the 2018 Credit Agreement until the closing of the acquisition of the Company by Virtu. The 2018 Credit Agreement was terminated at the Effective Time of the Merger. For additional information regarding the 2018 Credit Agreement, see Note 16, Borrowings.