Virtu Financial

Virtu Financial operates as a market maker and liquidity provider. Read more

59 Followers on Owler
59 Followers on Owler
59 Followers on Owler
59 Followers on Owler

Virtu Financial

Virtu Financial operates as a market maker and liquidity provider. Read more

Douglas A Cifu's photo - Co-Founder & CEO of Virtu Financial

Co-Founder & CEO

Douglas A Cifu

CEO Approval Rating

88/100

Founded:

2008

Status:

PublicIndependent CompanyNASDAQVIRT

VIRTU FINANCIAL TOP COMPETITORS OR ALTERNATIVES

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EMPLOYEES

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RBC Capital Markets is a top competitor of Virtu Financial. RBC Capital Markets was founded in Minneapolis, Minnesota} in 1864. RBC Capital Markets competes in the Banks industry. Compared to Virtu Financial, RBC Capital Markets generates $4.2B more revenue.

Vanguard is Virtu Financial's #2 competitor. Vanguard is headquartered in Wayne, Pennsylvania, and was founded in 1975. Vanguard operates in the Investment Banking & Brokerage industry. Vanguard generates 61% the revenue of Virtu Financial.

PIMCO has been one of Virtu Financial's top competitors. PIMCO is a Private company that was founded in 1971 in Newport Beach, California. PIMCO operates in the Investment Management & Fund Operators industry. Compared to Virtu Financial, PIMCO has 2,517 more employees.

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Virtu Financial Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$3.2B

Virtu Financial's revenue is the ranked 10th among it's top 10 competitors. The top 10 competitors average 25.2B. Over the last four quarters, Virtu Financial's revenue has decreased by 33.9%. Specifically, in Q4 2020's revenue was $663.9M; in Q3 2020, it was $656.1M; in Q2 2020, it was $905.9M; in Q1 2020, Virtu Financial's revenue was $1B.

Virtu Financial Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Investment Technology Group, Inc.

Nov 2018

Source »
$1B
ITG provides automated equity trading and transaction research services to asset managers, institutional investors and brokers.

These are all the companies that Virtu Financial has acquired. Virtu Financial's latest acquisition was Investment Technology Group, Inc. in Nov 2018. ITG provides automated equity trading and transaction research services to asset managers, institutional investors and brokers.

Virtu Financial Funding History

Since Virtu Financial was founded in 2008, it has participated in 3 rounds of funding. In total Virtu Financial has raised $2.2B. Virtu Financial's last funding round was on Feb 2020 for a total of $1.9B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Feb 2020
$1.9B
-
IPO
Apr 2015
$314.1M

Equity
Dec 2014
--

Since Virtu Financial was founded in 2008, it has participated in 3 rounds of funding. In total Virtu Financial has raised $2.2B. Virtu Financial's last funding round was on Feb 2020 for a total of $1.9B

Virtu Financial Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

ErisX offers clearing and settlement services for exchange-traded digital asset contracts for individuals and institutions.
$20M
Apr 29, 2019
Series B
-
MEMX is a trading platform that offers listings, clearing and registry services for retail broker-dealers and financial firms.
$70M
Jan 06, 2019
Equity
-
SBI Japannext is a proprietary trading system that offers traders and investors an alternate venue for trading in Tokyo-listed stocks.
-
Jul 06, 2016
Equity
-

These are all the companies that Virtu Financial has invested in. Virtu Financial's latest investment was Investment Technology Group, Inc. in Nov 2018. ITG provides automated equity trading and transaction research services to asset managers, institutional investors and brokers.

Virtu Financial News

March 10, 2021MarketScreener

Virtu Analytics Recognized for Innovation by Aite Group

(marketscreener.com) NEW YORK, March 10, 2021 -- Virtu Financial, Inc. , a leading provider of workfl... See more »
March 8, 2021Traders Magazine

Virtu Financial Expanding to Palm Beach Gardens

The newly leased 10,019 square-foot office space will host executives, salespeople, traders and techn... See more »
March 2, 2021The Trade

Virtu RFQ platform sees record ESG options trades

The ESG options were traded on 9 and 11 February via the Virtu RFQ-hub and were valued at $332 millio... See more »
March 2, 2021Benzinga

Virtu Financial to Host Conference Call Announcing First Quarter 2021 Results on Tuesday, May 4, 2021

NEW YORK, March 02, 2021 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider ... See more »
March 2, 2021The Business Journals: South Florida

Publicly traded fintech Virtu Financial expands to Palm Beach County

This deal is the latest in a wave of financial and technology companies arriving from other states.... See more »
February 24, 2021Traders Magazine

Virtu Increases Diversity With 'Winternship'

Program will provide college sophomore women with exposure to quantitative trading and data analytics... See more »
February 22, 2021The Block

Virtu Financial leans into crypto as designated market maker for Canadian bitcoin ETF

One of the largest trading firms in the world is operating behind the scenes of a brand new exchange-... See more »

Virtu Financial Press Releases

September 23, 2020GlobalNewswire

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

NEW YORK, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider... See more »
September 9, 2020GlobeNewswire

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

NEW YORK, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider ... See more »
August 4, 2020PR Newswire

Cboe Global Markets Completes Acquisition of Leading Canadian ATS MATCHNow

CHICAGO, Aug. 4, 2020 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), one of the world's larg... See more »
June 9, 2020GlobalNewswire

Virtu POSIT Alert Europe Sets New Value Traded Record

NEW YORK, June 09, 2020 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider o... See more »
March 20, 2020StreetInsider

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

NEW YORK, March 20, 2020 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) (Virtu or the Compa... See more »
February 11, 2020GlobeNewswire

Virtu Announces Fourth Quarter and Full Year 2019 Results

NEW YORK, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider ... See more »
February 10, 2020GlobeNewswire

Virtu Reprices Senior Secured First Lien Term Loan Lower and Enters into a Floating to Fixed Interest Rate Swap

Virtu will save $26 million per year or 23% in interest expense as a result of debt optimizations sin... See more »

Social Media

Virtu Financial Headquarters

One Liberty Plaza 165 Broadway

New York, New York10006

1-646-682-6000

Driving Directions »

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Virtu Financial Summary

ABOUT

Overview

Virtu Financial operates as a market maker and liquidity provider. Virtu Financial was founded in 2008. Virtu Financial's headquarters is located in New York, New York, USA 10006. It has raised 2.2B in 3 rounds. The latest round was in Feb 2020. Some ...

CEO

Virtu Financial's Co-Founder & CEO, Douglas A Cifu, currently has an approval rating of 88%. Virtu Financial's primary competitors are RBC Capital Markets, Vanguard & PIMCO.

Website

virtu.com

Frequently Asked Questions about Virtu Financial

  1. When was Virtu Financial founded?

    Virtu Financial was founded in 2008
  2. Who is Virtu Financial's CEO?

    Virtu Financial's CEO is Douglas A Cifu
  3. How much revenue does Virtu Financial generate?

    Virtu Financial generates $3.2B in revenue
  4. How much funding does Virtu Financial have?

    Virtu Financial has historically raised $2.2B in funding
  1. Where is Virtu Financial's headquarters?

    Virtu Financial's headquarters is in New York New York, USA
  2. How many employees does Virtu Financial have?

    Virtu Financial has 483 employees
  3. Who are Virtu Financial's competitors?

    Virtu Financial's top competitors are RBC Capital Markets, Vanguard, PIMCO
  4. Who has Virtu Financial invested in?

    Virtu Financial's has invested in companies such as ErisX, MembersX Holdings, LLC, SBI Japannext