OverviewSuggest Edit

Virtu Financial is a company that provides market-making and liquidity services to the financial industry. It offers a technology platform through which it provides quotations to buyers and sellers in equities, commodities, currencies, options, fixed income, and other securities on various exchanges, markets, and liquidity pools.

TypePublic
Founded2008
HQNew York, NY, US
Websitevirtu.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Feb 2021)976(-3%)
Job Openings44
Revenue (FY, 2020)$3.2 B(+112%)
Share Price (Nov 2021)$28.3(+2%)
Cybersecurity ratingBMore
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Key People/Management at Virtu Financial

Doug Cifu

Doug Cifu

Chief Executive Officer
Robert Greifeld

Robert Greifeld

Chairman
Ian Williams

Ian Williams

CEO, Virtu Canada
Joseph Molluso

Joseph Molluso

Co-President and Co-Chief Operating Officer
Vincent Viola

Vincent Viola

Founder and Chairman Emeritus
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Virtu Financial Office Locations

Virtu Financial has offices in New York, Austin, Boston, Chicago and in 10 other locations
New York, NY, US (HQ)
1 Liberty St
Austin, TX, US
2530 Walsh Tarlton Ln 3rd Floor
Boston, MA, US
100 High St 16th floor
Chicago, IL, US
233 S Wacker Dr #4020
Rye Brook, NY, US
4 International Dr #100
Short Hills, NJ, US
101 John F Kennedy Pkwy
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Virtu Financial Financials and Metrics

Virtu Financial Revenue

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Virtu Financial's revenue was reported to be $3.24 b in FY, 2020 which is a 111.7% increase from the previous period.
USD

Revenue (Q3, 2021)

544.3m

Gross profit (Q3, 2021)

385.5m

Gross profit margin (Q3, 2021), %

70.8%

Net income (Q3, 2021)

123.1m

Market capitalization (12-Nov-2021)

3.1b

Closing stock price (12-Nov-2021)

28.3

Cash (30-Sept-2021)

683.8m

EV

4.6b
Virtu Financial's current market capitalization is $3.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

1.9b1.5b3.2b

Revenue growth, %

(19%)112%

Cost of goods sold

301.8m284.8m758.8m

Gross profit

1.6b1.2b2.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

363.0m378.5m385.4m1.0b905.9m656.1m1.0b549.0m544.3m

Cost of goods sold

64.1m75.9m74.3m111.5m203.5m196.4m259.3m170.7m158.9m

Gross profit

298.9m302.6m311.0m892.6m702.4m459.7m753.2m378.3m385.5m

Gross profit Margin, %

82%80%81%89%78%70%74%69%71%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

736.0m732.2m889.6m

PP&E

113.3m116.1m113.6m

Goodwill

836.6m1.1b1.1b

Total Assets

7.4b9.6b10.0b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

620.2m(103.7m)1.1b

Depreciation and Amortization

87.3m136.2m141.0m

Cash From Operating Activities

714.6m168.8m1.1b

Purchases of PP&E

(26.5m)(9.3m)(28.9m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(13.6m)(69.1m)(74.3m)388.2m723.5m923.2m409.2m518.1m641.3m

Depreciation and Amortization

27.4m62.8m99.3m36.3m72.0m106.9m34.9m692.8m102.9m

Cash From Operating Activities

(210.0m)(377.3m)(346.2m)(218.7m)499.3m483.6m133.9m355.4m374.5m

Purchases of PP&E

(4.7m)(9.2m)(17.1m)(10.7m)(20.1m)(21.7m)(3.5m)(12.6m)(16.3m)
USDFY, 2018

EV/CFO

7.1 x

Revenue/Employee

3.4m

Debt/Equity

0.6 x

Debt/Assets

0.1 x

Financial Leverage

4.9 x

P/E Ratio

9.3
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Virtu Financial Operating Metrics

FY, 2018FY, 2019FY, 2020

Countries

363636

Financial Markets

235235235

Securities Quoted

25 k25 k25 k
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Virtu Financial Acquisitions / Subsidiaries

Company NameDateDeal Size
ITGOctober 05, 2018
KCG HoldingsApril 20, 2017$1.4 b
Genasco S.A. de C.V.

Virtu Financial Revenue Breakdown

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Virtu Financial revenue breakdown by business segment: 80.0% from Market Making and 20.0% from Execution Services

Virtu Financial revenue breakdown by geographic segment: 5.5% from Singapore, 79.3% from United States, 10.0% from Ireland and 5.2% from Other

Virtu Financial Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Virtu Financial Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Virtu Financial Online and Social Media Presence

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Virtu Financial News and Updates

Virtu Financial Congratulates Victoria Stone for Her Crystal Ladder Award From Women in Finance Europe

NEW YORK, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to our clients and liquidity to the global markets, announced that its…

Virtu Financial Selects DigiPlex to Host Low-Latency Electronic Trading Technology

STOCKHOLM, Oct. 13, 2021 /PRNewswire/ -- DigiPlex, the Nordic leader for scalable, sustainable and secure data centers, has attracted a leading financial firm, Virtu Financial (NASDAQ: VIRT), to its Stockholm data center. Virtu uses cutting-edge technology to deliver liquidity to the...

Virtu Financial Conference Call for Third Quarter 2021 Results on Wednesday, November 3, 2021

NEW YORK, Oct. 08, 2021 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, will announce its r…

Virtu Financial Congratulates Rosalind Li, Recipient of the Rising Star Award from Women in Derivatives

NEW YORK, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to our clients and liquidity to the global markets, announced that Rosa…

InvestX Capital Receives Strategic Investment from Jefferies Financial Group Inc., Virtu Financial and Canaccord Genuity Group Inc.

InvestX Capital Ltd. ('InvestX' or the 'Company'), a leading private market secondaries platform and financial technology company, today announced it has secured a strategic investment from financial leaders Jefferies Financial Group Inc. (NYSE: JEF) ('Jefferies'), Virtu Financial (NASDAQ: VIRT) ('V…

Virtu Financial CEO Douglas A. Cifu to Participate in Fireside Chat at the Rosenblatt Securities Annual Global Exchange Leader Conference on Thursday, September 23, 2021

NEW YORK, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of financial services and products that leverages cutting-edge technology to deliver innovative, transparent and multi-asset trading solutions to its clients and liquidity to the global markets, to…
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Virtu Financial Frequently Asked Questions

  • When was Virtu Financial founded?

    Virtu Financial was founded in 2008.

  • Who are Virtu Financial key executives?

    Virtu Financial's key executives are Doug Cifu, Robert Greifeld and Ian Williams.

  • How many employees does Virtu Financial have?

    Virtu Financial has 976 employees.

  • What is Virtu Financial revenue?

    Latest Virtu Financial annual revenue is $3.2 b.

  • What is Virtu Financial revenue per employee?

    Latest Virtu Financial revenue per employee is $3.3 m.

  • Who are Virtu Financial competitors?

    Competitors of Virtu Financial include Broadridge Financial Solutions, CoreLogic and Personal Capital.

  • Where is Virtu Financial headquarters?

    Virtu Financial headquarters is located at 1 Liberty St, New York.

  • Where are Virtu Financial offices?

    Virtu Financial has offices in New York, Austin, Boston, Chicago and in 10 other locations.

  • How many offices does Virtu Financial have?

    Virtu Financial has 14 offices.