Virtu Financial

From Simple English Wikipedia, the free encyclopedia

Virtu Financial is an American company that provides financial services, trading products, and market-making services. It offers a range of solutions in execution, liquidity sourcing, analytics, and broker-neutral platforms.[1] Virtu operates in various markets and exchanges globally, trading in equities, commodities, currencies, options, fixed income, and other securities. The company uses proprietary technology for high-volume trading.[2] It was founded in 2008 by Vincent Viola and Douglas Cifu,[3][4] and it went public on Nasdaq in 2015.[5] Virtu has made several acquisitions to expand its operations and has offices in multiple locations worldwide. The company has been involved in investigations related to high-frequency trading practices.[6]

References[change | change source]

  1. "Company Overview of Virtu Financial, Inc". investing.businessweek.com. Business Week. Archived from the original on July 6, 2014. Retrieved 1 July 2014.
  2. Man Vs. Machine: Seven Major Players in High-Frequency Trading Archived 2014-11-01 at the Wayback Machine. CNBC, September 13, 2010
  3. McCrank, John (4 June 2014). "Virtu CEO urges strict standards for electronic firms that are market makers". Reuters. Retrieved 1 July 2014.
  4. https://www.sec.gov/comments/4-657/4657-63.pdf [bare URL PDF]
  5. "Virtu Financial Announces Pricing of Initial Public Offering (NASDAQ:VIRT)". Archived from the original on 2015-04-19. Retrieved 2015-04-21.
  6. "Virtu Financial, Inc. S-1". www.sec.gov. SEC.