Virtu Financial (NASDAQ:VIRT) (NASDAQ: VIRT) is a leading global electronic trading firm specializing in market making, liquidity provision and trade execution services across a broad range of asset classes. Leveraging advanced quantitative models and proprietary trading technology, Virtu provides continuous bid and ask quotes in equities, fixed income, foreign exchange, commodities and digital assets. The firm’s infrastructure is designed to operate at high speeds and low latencies, enabling tight spreads and efficient price discovery for its clients.
In addition to its market-making activities, Virtu offers agency execution services, algorithmic trading strategies and transaction cost analysis tools. These services are designed to help institutional investors, broker-dealers and hedge funds optimize trading performance, manage risk and navigate volatile market conditions. The company’s technology platform integrates real-time market data, execution algorithms and post-trade analytics to support decision-making at every stage of the trading lifecycle.
Virtu operates across major financial centers in North America, Europe and Asia-Pacific, maintaining a presence in New York, Chicago, London, Singapore and Hong Kong, among other locations. Its global footprint allows the firm to capture trading opportunities around the clock and provide clients with access to deep pools of liquidity in multiple time zones. Virtu’s client base includes a diverse mix of institutional participants, such as asset managers, pension funds, proprietary trading firms and brokerage houses.
The company was founded in 2008 by Vincent Viola and completed its initial public offering in April 2015. Over the years, Virtu has grown both organically and through targeted acquisitions, reinforcing its technology stack and broadening its product offering. As of 2022, Douglas Cifu serves as Chief Executive Officer, overseeing Virtu’s strategic direction and continuing efforts to enhance trading efficiency, regulatory compliance and operational resilience.
