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.

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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.

Virtu Financial, Inc. (VIRT) CEO Douglas Cifu on Q21 2020 Results - Earnings Call Transcript

Virtu Financial (VIRT) earnings for the financial service company's second quarter of 2020 have VIRT stock down on Friday.
The post Virtu Financial Earnings: VIRT Stock Falls 7% Despite Better-Than-Expected Q2 appeared first on InvestorPlace.

Virtu Financial Earnings: VIRT Stock Falls 7% Despite Better-Than-Expected Q2

Virtu Financial (VIRT) delivered earnings and revenue surprises of 9.55% and 3.32%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Virtu Financial (VIRT) Surpasses Q2 Earnings and Revenue Estimates

Shares of Virtu Financial (NASDAQ:VIRT) rose 0.6% in pre-market trading after the company reported Q2 results.

Virtu Financial: Q2 Earnings Insights

NEW YORK, Aug.  07, 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 second quarter ended June 30, 2020.

Virtu Announces Second Quarter 2020 Results

NEW YORK, Aug.  04, 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 closing of the sale of the MATCHNow business to Cboe Global Markets. 

Virtu Financial Announces Closing of Sale of MATCHNow Marketplace

Virtu’s new FX Transaction Cost Analytics (TCA) for Algos is designed to enhance strategy performance evaluation and comparative analysis Virtu’s new FX Transaction Cost Analytics (TCA) for Algos is designed to enhance strategy performance evaluation and comparative analysis

Virtu Expands Analytics Platform by Offering TCA for FX Algos

NEW YORK, July  24, 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 Frontier execution algos took the top ranking position amongst 31 other algo providers with an average score of 6.08 (of 7)1  in The TRADE’s 2020 Algorithmic Trading Survey of Hedge Funds.

Virtu’s Frontier Execution Algos Take Top Score in The TRADE’s 2020 Algorithmic Trading Survey of Hedge Funds

Volatility is this company's friend and its stock price jump in 2020 is proof.

1 Reason Virtu Financial Is Beating the Market

NEW YORK, July  08, 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, will announce its results for the second quarter 2020 on Friday, August 7, 2020 before the U.S. market opens.

Virtu Financial to Host Conference Call Announcing Second Quarter 2020 Results on Friday, August 7, 2020

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Is  (VIRT) Outperforming Other Finance Stocks This Year?

Has Virtu Financial (VIRT) Outpaced Other Finance Stocks This Year?

NEW YORK, June  23, 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 the promotion of Ms. Akiko Imai to Global Head of New Sales within Virtu Execution Services.

Virtu Appoints Global Head of New Sales

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NEW YORK, June  09, 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 a record trading day for its POSIT Alert Europe block indications network, with over £1.256 billion in notional value traded on June 5, 2020. This surpasses the previous European record set in October 2018.

Virtu POSIT Alert Europe Sets New Value Traded Record

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

Virtu Financial (VIRT) Down 15.4% Since Last Earnings Report: Can It Rebound?

Virtu Financial (VIRT) reports solid preliminary results for the second quarter of 2020 through May 31, 2020. Final results are expected to be released in early August.

Virtu Financial Posts Preliminary Q2 Report Through May 2020

NEW YORK, June  03, 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 second quarter to date through May 31, 2020. 

Virtu Announces Preliminary Results for Second Quarter to Date through May 2020

Virtu: So Much More Than Just A Play On Volatility

Virtu Financial (VIRT) takes strategic actions to improve clients' access to electronic block liquidity via Interlisted Conditonal orders.

Virtu Financial Boosts Clients' Access to Block Liquidity

NEW YORK, May  27, 2020  (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of global, multi-asset, financial services and products across the complete investment cycle, announced the expansion of clients’ access to electronic block liquidity via Interlisted Conditional orders.

Virtu Expands Clients’ Access to Electronic Block Liquidity with Interlisted Conditional Orders

Virtu Financial: Examining Possible Investment Thesis And Strategy

NEW YORK, May  20, 2020  (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of global, multi-asset, financial services technology with solutions that span the complete investment and trading lifecycle, announced the launch of Open Technology, a new data-as-a-service platform.

Virtu Lauches Open Technology, a Data-as-a-Service Platform for Access to Multi-Asset Class APIs

Virtu Financial (VIRT) to divest MATCHNow to better serve the Canadian equities market.

Virtu Financial to Sell MATCHNow to Cboe Global Markets

NEW YORK, May  19, 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 it has entered into a definitive agreement to sell MATCHNow to Cboe Global Markets. 

News for Virtu Financial Stock (VIRT)