Virtu Financial

Virtu Financial, Inc. engages in the provision of market making and liquidity services. It operates through the following segments: Market Making, Execution Services and Corporate. The Market Making segment engages in the buying and selling of securities and other financial instruments. The Execution Services segment agency offers trading venues that provide transparent trading in global equities, ETFs, and fixed income to institutions, banks and broker dealers. The Corporate segment consists of investments in strategic financial services-oriented opportunities and maintains corporate overhead expenses and all other income and expenses that are not attributable to the other segments. The company was founded by Vincent J. Viola and Douglas Cifu in 2008 and is headquartered in New York, NY.

Earnings data Q1 2021

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Virtu Financial reports Q4 decline but eyes growth in options and crypto markets

Virtu Financial reported a decline in Q4 2022 trading income but remains optimistic about growth prospects in options and crypto markets. The company's focus on financial prudence, cost control, and scalability underpins its performance and outlook for 2023.
Despite challenges in retail flow and FX valuation swings, Virtu Financial is committed to providing value to retail brokers and expanding its market presence. Management's confidence in becoming a designated market maker and exploring new opportunities reflects a strategic vision for future success.
With a strong emphasis on growth initiatives, cost management, and market competitiveness, Virtu Financial is poised to navigate challenges and capitalize on opportunities in evolving financial markets. The company's progress in options and crypto markets signals a strategic shift towards emerging trends.

Virtu Financial excels in Q1 2023, eyes global expansion

Virtu Financial delivered strong financial results in Q1 2023, driven by solid performance in Market Making and growth initiatives. The company's internalization strategy, diverse business model, and long-term focus are key strengths, while challenges include market uncertainties and regulatory changes.
Opportunities lie in expanding the options business, new initiatives like EDX markets, and investments in product offerings. Virtu Financial's resilience, strategic execution, and commitment to growth position it well for future success amidst evolving market conditions.
Despite challenges and uncertainties, Virtu Financial remains focused on capital discipline and sustained growth, emphasizing opportunities in global expansion and innovative product offerings. The firm's performance in various market segments and strong financial metrics underscore its competitive position and strategic vision.

Virtu Financial excels in Q2 earnings, eyes growth opportunities

Virtu Financial delivered strong financial results in Q2 2023, driven by robust trading net income.
The company's strategic focus on organic growth and diversification bodes well for future performance.
While facing challenges in cost management and market dynamics, Virtu Financial remains well-positioned for growth.

Virtu Financial excels in Q3 earnings, eyes growth opportunities

Virtu Financial's Q3 earnings call highlighted robust financial performance, strategic initiatives, and success across business segments. The company faces challenges in expense management and competitive markets but has opportunities for growth through product expansion and market flexibility.

Virtu Financial excels in Q4 performance, eyes crypto opportunities

Virtu Financial's Q4 performance showcased strength in Market Making and Execution Services, with a focus on organic growth and crypto market opportunities.
The company's financial discipline, commitment to shareholders, and strategic initiatives position it well for future growth and value creation.
Challenges lie in addressing analyst queries, optimizing expenses, and capital structure while seizing opportunities in crypto and Market Making segments.
Virtu Financial's ability to navigate challenges, capitalize on opportunities, and deliver shareholder value will be key to its future success and growth.

Virtu Financial excels in Q1, eyes crypto and options growth

Virtu Financial delivers robust Q1 results driven by strong performance in market making operations. While facing challenges from market volatility and regulatory changes, the company remains focused on capital management and growth opportunities in crypto and options markets.

Virtu Financial excels in Q2 2024, eyes growth opportunities

Virtu Financial delivered a robust performance in Q2 2024, driven by strong results in Virtu Execution Services and Market Making business.
While facing challenges in organic growth and capital return strategies, Virtu remains focused on value creation and shareholder returns.
Strategic opportunities in expanding capabilities, entering new markets, and enhancing offerings position Virtu for future growth and success.

Virtu Financial delivered a strong Q3 performance with robust earnings and solid EBITDA margin, driven by expertise in market making, especially in high-growth segments like crypto options.
While facing challenges in certain business segments and regulatory uncertainties, the company remains focused on growth initiatives and cost management to sustain profitability.
Opportunities for expansion into new markets, client segments, and technology solutions position Virtu Financial for future growth and market leadership in key trading areas.
Overall, Virtu Financial's Q3 earnings call highlighted a balanced outlook with a focus on leveraging strengths, addressing challenges, and capitalizing on growth opportunities.

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Virtu Financial, Inc. engages in the provision of trading solutions and liquidity services. It operates through the following segments: Market Making, Execution Services and Corporate. The Market Making segment involves the cash, futures, and options markets across global equities, fixed income, currencies, cryptocurrencies, and commodities. The Execution Services segment includes agency-based, execution-only trading, workflow technology, and trading analytics. The Corporate segment consists of investments in financial services-oriented opportunities and maintains corporate overhead expenses and all other income and expenses that are not attributable to the other segments. The company was founded by Vincent J. Viola and Douglas A. Cifu in 2008 and is headquartered in New York, NY.

NEW YORK, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of trading technology and liquidity, announced the continued expansion of its multi-asset transaction cost model offering with the launch of Fixed Income Agency Cost Estimator (FI ACE), a pre-trade analytics tool designed to provide transparency and measurement of liquidity and transaction costs in fixed income markets.

Virtu Launches Fixed Income ACE, a New Liquidity Scoring and Portfolio Construction Tool for Fixed Income Liquidity and Transaction Costs

Virtu Financial's (VIRT) Q3 earnings gain from high levels of volatility and trading volumes across global markets due to COVID-19-led.

Virtu Financial's (VIRT) Q3 Earnings Beat, Increase Y/Y

Virtu Financial, Inc. (VIRT) CEO Doug Cifu on Q3 2020 Results - Earnings Call Transcript

Virtu Financial (VIRT) delivered earnings and revenue surprises of 8.00% and -0.07%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Virtu Financial (VIRT) Surpasses Q3 Earnings Estimates

NEW YORK, Nov. 06, 2020 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the third quarter ended September 30, 2020.

Virtu Announces Third Quarter 2020 Results

NEW YORK, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to our clients and liquidity to the global markets, announced that its Head of Nordic Business Development, Pegah Esmaeili, has won the Women in Finance Europe's Rising Star award Europe. The prestigious award honors highly accomplished women whose entrepreneurial spirit and leadership have made a unique contribution to the industry.

Virtu Financial Congratulates Pegah Esmaeili for her Rising Star Award from Women in Finance Europe

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Virtu Expands its Broker-Neutral FX Offering

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NEW YORK, Sept.  29, 2020  (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of financial services and products that leverages cutting-edge technology to deliver liquidity, execution services and analytics and connectivity products is pleased to announce that Virtu’s Triton EMS took the top ranking position amongst 20 other  EMS  providers in The TRADE’s 2020 Execution Management Systems Survey of buy-side users.

Virtu’s Triton EMS Takes Top Ranking in The TRADE’s Global 2020 Execution Management Systems Survey

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Virtu Financial (VIRT) announces solid preliminary results for the third quarter of 2020 through Aug 31, 2020. Final results will release on Nov 6, 2020.

Virtu Financial Posts Preliminary Q3 Report Until August 2020

NEW YORK, Sept.  24, 2020  (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to our clients and liquidity to the global markets, announced that its Australia Head Trader, Mary-Anne Peril, has been recognized for Excellence in Trading by Women in Finance Asia. The prestigious Women in Finance award honors highly accomplished women whose entrepreneurial spirit and leadership have made a unique contribution to the industry.

Virtu Financial Congratulates Mary-Anne Peril for Her Excellence in Trading Award from Women in Finance Asia

NEW YORK, Sept.  23, 2020  (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets today announced preliminary estimates of its top line results for third quarter to date through August 31, 2020.

Virtu Announces Preliminary Results for Third Quarter to Date through August 2020 and Third Quarter Conference Call Date

Virtu Financial (VIRT) unveils a useful tool for helping traders with required information to provide transparency and forensics around client executions.

Virtu Financial (VIRT) Launches TCA Product for Investors

A Transparent and Practical Tool for Frontier Algos Provides Traders with Actionable Information A Transparent and Practical Tool for Frontier Algos Provides Traders with Actionable Information

Virtu Launches Prism Frontier TCA for Traders

Virtu Financial (VIRT) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Growth Investors Will Love Virtu Financial (VIRT)

NEW YORK, Sept.  08, 2020  (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of global, multi-asset, financial services and products across the complete investment cycle, today announced that Asset Management One, one of the largest Asset Managers in Asia, has successfully deployed Virtu’s Triton Valor execution management system (EMS) and Trading Analytics solutions.

Asset Management One Selects Virtu’s Triton EMS for Execution Management

Virtu Financial (VIRT) reported earnings 30 days ago. What's next for the stock?

Virtu Financial (VIRT) Up 11% Since Last Earnings Report: Can It Continue?

Virtu Financial sees its Relative Strength Rating move into the 80-plus level.
The post Stocks With Rising Relative Price Strength: Virtu Financial appeared first on Investor's Business Daily.

Stocks With Rising Relative Price Strength: Virtu Financial

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NEW YORK, Aug.  14, 2020  (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, announced today that it completed prepayments totaling $100 million in principal on its first lien senior secured term loan facility (“Term Loan”), which matures in March 2026. 

Virtu Prepays $100 Million of Term Loan

Virtu Financial (VIRT) is liklely to gain steadily from the current market turmoil, which in turn, might perk up its share price.

Virtu Financial (VIRT) Soars 45.9% YTD: More Room to Run?

Virtu Financial's (VIRT) Q2 earnings gain traction from COVID-19-led market volatility.

Virtu Financial (VIRT) Q2 Earnings Surpass, Increase Y/Y

NEW YORK, Aug.  10, 2020  (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver liquidity, execution services and analytics and connectivity products, today announced the appointment of Sean P. Galvin as its new Chief Financial Officer along with the promotions of Cindy Lee as its Deputy Chief Financial Officer and Colm Mac Curtain as its Head of Finance EMEA.

News for Virtu Financial Stock (VIRT)