Virtu Financial company logo

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virtu.com

Founded Year

1982

Stage

IPO | IPO

Total Raised

$200M

Date of IPO

4/16/2015

Market Cap

2.61B

Stock Price

24.78

Revenue

$0000 

About Virtu Financial

Virtu Financial is an electronic trading firm and technology-enabled market maker and liquidity provider to the global financial markets. The company generates revenue by buying and selling large volumes of securities and other financial instruments and earning small amounts of money based on the difference between what buyers are willing to pay and what sellers are willing to accept, aka "bid/ask spreads." Additionally, Virtu makes markets by providing quotations to buyers and sellers in securities and other financial instruments on unique exchanges, markets, and liquidity pools in countries around the world.

Virtu Financial Headquarter Location

900 Third Avenue 29th Floor

New York, New York, 10022,

United States

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Research containing Virtu Financial

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Virtu Financial in 2 CB Insights research briefs, most recently on Jan 6, 2021.

Expert Collections containing Virtu Financial

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Virtu Financial is included in 2 Expert Collections, including Capital Markets Tech.

C

Capital Markets Tech

814 items

Companies in the capital markets tech space are providing software and/or services for investment banks, hedge funds, investment managers, and so forth. Companies included use technology across the front, middle, and back-offices and streamline all pre- and post-trade operations.

F

Fintech

7,442 items

US-based companies

Virtu Financial Patents

Virtu Financial has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/21/2014

6/9/2020

Financial markets, Electronic trading systems, Stock market, Derivatives (finance), Share trading

Grant

Application Date

3/21/2014

Grant Date

6/9/2020

Title

Related Topics

Financial markets, Electronic trading systems, Stock market, Derivatives (finance), Share trading

Status

Grant

Latest Virtu Financial News

Virtu Financial Posts $604.7 Million in Revenues for Q2 2022

Jul 28, 2022

Total revenues jumped by 10.2% YoY. Net income for Q2 came in at $148.9 million. Thursday, 28/07/2022 | 11:54 GMT 0 Nasdaq-listed financial services provider, Virtu Financial published its quarterly results for Q2 2022 today. In the reported period, Virtu saw revenues worth $604.7 million, which is up 10.2% compared to the same period last year. For the quarter ended 30 June 2022, the company ’s net income touched $148.9 million, compared to $108.9 million in the same period last year. Virtu Financial posted diluted earnings per share of $0.78 for the last quarter. Virtu witnessed solid growth across different segments. The company’s adjusted net trading income increased 4.5% to $357.4 million. Adjusted EBITDA climbed 6.1% to $209.3 million. “Normalized Adjusted Net Income, removing one-time and non-cash items, increased 6.2% to $129.9 million for this quarter, compared to $122.3 million for the same period in 2021. Assuming all non-controlling interests had been exchanged for common stock, and the Company’s Normalized Adjusted Net Income before income taxes was subject to corporation taxes, the Normalized Adjusted EPS was $0.73 for this quarter, compared to $0.63 for the same period in 2021,” Virtu Financial added . Keep Reading Share Repurchase Program In addition to financial results, Virtu published details about the company’s share repurchase program. According to the details shared by Virtu, the firm repurchased almost 27.4 million shares since November 2020. “Since the inception of the program in November 2020 through settlement date July 27, 2022, the Company repurchased approximately 27.4 million shares of Class A Common Stock and Virtu Financial Units for approximately $787.8 million. The Company has approximately $432.2 million remaining capacity for future purchases of shares of Class A Common Stock and Virtu Financial Units under the program,” Virtu added. From our Directory Nasdaq-listed financial services provider, Virtu Financial published its quarterly results for Q2 2022 today. In the reported period, Virtu saw revenues worth $604.7 million, which is up 10.2% compared to the same period last year. For the quarter ended 30 June 2022, the company ’s net income touched $148.9 million, compared to $108.9 million in the same period last year. Virtu Financial posted diluted earnings per share of $0.78 for the last quarter. Virtu witnessed solid growth across different segments. The company’s adjusted net trading income increased 4.5% to $357.4 million. Adjusted EBITDA climbed 6.1% to $209.3 million. “Normalized Adjusted Net Income, removing one-time and non-cash items, increased 6.2% to $129.9 million for this quarter, compared to $122.3 million for the same period in 2021. Assuming all non-controlling interests had been exchanged for common stock, and the Company’s Normalized Adjusted Net Income before income taxes was subject to corporation taxes, the Normalized Adjusted EPS was $0.73 for this quarter, compared to $0.63 for the same period in 2021,” Virtu Financial added . Keep Reading Share Repurchase Program In addition to financial results, Virtu published details about the company’s share repurchase program. According to the details shared by Virtu, the firm repurchased almost 27.4 million shares since November 2020. “Since the inception of the program in November 2020 through settlement date July 27, 2022, the Company repurchased approximately 27.4 million shares of Class A Common Stock and Virtu Financial Units for approximately $787.8 million. The Company has approximately $432.2 million remaining capacity for future purchases of shares of Class A Common Stock and Virtu Financial Units under the program,” Virtu added. From our Directory

Virtu Financial Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
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  • When was Virtu Financial founded?

    Virtu Financial was founded in 1982.

  • Where is Virtu Financial's headquarters?

    Virtu Financial's headquarters is located at 900 Third Avenue, New York.

  • What is Virtu Financial's latest funding round?

    Virtu Financial's latest funding round is IPO.

  • How much did Virtu Financial raise?

    Virtu Financial raised a total of $200M.

  • Who are the investors of Virtu Financial?

    Investors of Virtu Financial include Temasek and Silver Lake.

  • Who are Virtu Financial's competitors?

    Competitors of Virtu Financial include Katana Labs and 1 more.

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