Virtu Financial records 10% Y/Y rise in revenues in Q2 2022
Virtu Financial, Inc. (NASDAQ:VIRT) saw total revenues increase 10.2% to $604.7 million for the second quarter of 2022.
Virtu Financial, Inc. (NASDAQ:VIRT) saw total revenues increase 10.2% to $604.7 million for the second quarter of 2022.
In addition to Virtu, founding consortium members include Citadel Securities, Flow Traders and Jane Street Capital.
Douglas Cifu’s base salary was increased by $200,000 to $1,200,000 and he is eligible for a target bonus opportunity of $3 million.
Virtu Financial warns against cryptocurrency scams and fraudulent communications by individuals purporting to be affiliated with Virtu.
Union Investment and Virtu Financial collaborate to pioneer new swaptions electronic workflow.
Total revenues at Virtu decreased 17% to $544.3 million in the third quarter of 2021, due primarily to lower trading volumes in US equities.
Virtu launches Open Intell and Open Python utilities to facilitate and accelerate buy-side data-driven decision-making.
FINRA has fined VIRTU Americas $120,000 for the firm’s failure to comply with its Order Audit Trail System (OATS) reporting obligations.
Virtu saw total revenues increase 71.6% in the third quarter of 2020, driven by the gain on the sale of MATCHNow.