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, May  18, 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 has made a prepayment of approximately $188 million in principal towards its senior secured first lien term loan.

Virtu Announces Debt Paydown on its Term Loan Facility

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

Virtu Financial Rallies More Than 40% YTD: More Room to Run?

NEW YORK, May 14, 2020 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Virtu Financial, Inc. (NASDAQ: VIRT). If you are...

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Virtu Financial, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

The high-frequency trader posted record revenue in Q1.

Virtu Financial Finds More Success in Volatility

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Virtu Financial, Inc. (VIRT) CEO Douglas Cifu on Q1 2020 Results - Earnings Call Transcript

Virtu Financial (VIRT) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is Virtu Financial (VIRT) a Solid Growth Stock? 3 Reasons to Think " Yes "

Virtu Financial's (VIRT) Q1 results reflect current market volatility amid the COVID-19 pandemic.

Virtu Financial (VIRT) Q1 Earnings Beat Estimates, Soar Y/Y

Virtu Financial (VIRT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Virtu Financial (VIRT) This Earnings Season?

Virtu Financial's (VIRT) Q1 results are likely to reflect gains from the market volatility induced by COVID-19.

What's in Store for Virtu Financial's (VIRT) Q1 Earnings?

NEW YORK, May  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 to the global markets and provide execution services and data, analytics and connectivity products, today announced it has appointed Mr. Brett Fairclough and Mr. Joseph Molluso as Co-Presidents and Co-Chief Operating Officers of Virtu Financial.  Mr. Molluso will re-join Virtu after a brief period away from the company.

Virtu Announces Appointments of Co-Presidents and Expansion of Management Team

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As of late, it has definitely been a great time to be an investor Virtu Financial

Will Virtu Financial Continue to Surge Higher?

Virtu Financial (VIRT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Virtu Financial (VIRT) Gain on Rising Earnings Estimates?

Even After The Recent Surge, This High-Frequency Trader Still Shows Value

Virtu (VIRT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Virtu (VIRT) Stock Stands Out in a Strong Industry

Driven by strong fundamentals and good growth prospects, Virtu Financial (VIRT) stock looks like an attractive investment option now.

Here's Why You Should Add Virtu Financial to Your Portfolio

NEW YORK, March  20, 2020  (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) (“Virtu” or the “Company”), 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, today announced its preliminary results for the quarter to date and an expansion of its short-term borrowing capacity.

Virtu Announces $450 Million of Additional Broker Dealer Borrowing Capacity and Preliminary Quarter-to-Date Results

The market maker has thrived during this period of historic volatility.

3 Reasons Why Virtu Financial Is Winning in 2020

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Virtu's Vincent Viola told CNBC's Scott Wapner on "Halftime Report" that the labor market showed that the U.S. economy was still strong.

Virtu Financial founder says stock market is 'one big opportunity right now'

Can Virtu Financial (VIRT) Run Higher on Rising Earnings Estimates?

NEW YORK, March  04, 2020  (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) (“Virtu” or the “Company”), 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, today announced the hiring of Jessica Morrison to serve as Co-Head of Virtu-ITG APAC and Head of Execution Services in the region.  She will join Virtu in June 2020.

News for Virtu Financial Stock (VIRT)