Virtu Financial, Inc. reports developments across a technology-driven trading business that provides market making and execution services in global, multi-asset markets. Its Market Making segment commits capital on a principal basis in cash, futures and options markets across equities, fixed income, currencies, cryptocurrencies and commodities. Its Execution Services segment provides agency trading, trading venues, proprietary technology, workflow tools, analytics and capital markets agency services for at-the-market offerings and buyback programs.
Recurring news includes quarterly and annual results, trading income by segment, adjusted trading and EBITDA metrics, dividend and share repurchase actions, and client or product updates for trading technology such as Triton, Virtu's multi-asset execution management system.
Virtu Financial (VIRT) launched POSIT block-trading access for 245 Saudi Exchange-listed equities through its indications network.
Saudi Exchange members and their institutional clients can source block liquidity through the network via Virtu’s regional partner, Al Rajhi Capital. Aggregation capabilities will also be offered. Trades sourced through POSIT can be completed using the exchange’s electronic Negotiated Deals facility and settle on a T+2 basis through Edaa. Al Rajhi Capital provides connectivity, brokerage and post-trade services for firms that are not direct exchange members. State Street Investment Management conducted the first transaction on the platform.
Virtu Financial (VIRT) and Abu Dhabi Securities Exchange have launched the POSIT block-trading indications network for equities listed on Abu Dhabi Securities Exchange on 8 September 2026.
The launch leverages ADX’s recently enhanced Negotiated Block Trade facility, with Virtu becoming the first firm to use the upgraded platform to complete electronic block trades sourced via POSIT. All resulting trades settle on a T+2 basis through Abu Dhabi Central Securities Depository, matching the standard ADX settlement cycle. For firms that are not direct ADX members, connectivity, brokerage and post-trade services are provided by Arqaam Capital, Virtu’s regional partner.
This is described as the first phase of POSIT supporting block-trading indications for Middle Eastern and North African equity securities, giving ADX members and institutional clients access to Virtu’s global block-liquidity network in ADX-listed securities.
Virtu Financial (NYSE: VIRT) has launched new notional order execution capabilities for 10b-18 corporate buyback programs, enabling sell-side and buy-side clients to execute based on a specified dollar value rather than a fixed share quantity. According to Virtu, this supports more precise control and budgeting of buyback spend, with notional values configurable with or without commission.
Virtu offers 10b-18 instructions with notional order execution across four algorithms: VWAP/TWAP, POV, FAN Aggressive and Passive, and Covert Aggressive, allowing tailoring to pacing, urgency and risk preferences. The company cites Truist Bank’s internal analysis showing Virtu’s notional execution outperformed a competing provider on benchmark performance and total notional value executed.
Virtu Financial (NYSE: VIRT) reported second quarter 2026 net income of $284.9 million and Normalized Adjusted Net Income of $291.5 million. Basic and diluted EPS were $1.63, while Normalized Adjusted EPS was $1.82. Total revenues rose 19.0% year over year to $1,190.0 million, with trading income, net, up 31.2% to $856.7 million and a Net income margin of 23.9%.
Adjusted Net Trading Income increased 26.4% to $717.9 million, and Adjusted EBITDA climbed 18.2% to $436.8 million, reflecting a 60.8% Adjusted EBITDA margin. The Board declared a quarterly dividend of $0.24 per share, payable September 15, 2026 to shareholders of record on September 1, 2026. As of June 30, 2026, Virtu held $1,133.0 million in cash, cash equivalents and restricted cash, against total long-term debt of $2,051.1 million. Market Making and Execution Services remained the two primary operating segments driving results.
Virtu Financial (NYSE: VIRT) completed the pricing and closing of $500 million in incremental first lien term loans, raising the total term loan balance under its senior secured credit facility to $2.03 billion. The loans bear interest at Term SOFR + 250 bps and are issued at par.
According to Virtu, proceeds may be used for general corporate purposes. The Term Loans are guaranteed by Virtu Financial LLC and certain of its subsidiaries.
BitGo (NYSE: BTGO) announced that its subsidiary BitGo Prime has added Virtu Financial (NASDAQ: VIRT) to its global liquidity network. The partnership is intended to strengthen liquidity access and execution quality for institutional clients trading digital assets on BitGo Prime’s aggregated liquidity platform while client assets remain held in custody with BitGo Bank & Trust or BitGo Europe GmbH.
Virtu Financial (NYSE: VIRT) issued preliminary estimates for its quarter ended June 30, 2026 and began marketing $400 million in Incremental First Lien Term Loans, which would raise total term loans under its senior secured credit facility to $1.93 billion.
For Q2 2026, Virtu preliminarily expects net income of $285 million, basic and diluted EPS of $1.63, and Normalized Adjusted Net Income of $292 million or Normalized Adjusted EPS of $1.82. Trading income, net, is estimated at $857 million and Adjusted Net Trading Income at $718 million, compared with $568 million in Q2 2025. Preliminary Adjusted EBITDA is estimated at $437 million, versus $369 million a year earlier. According to Virtu, these non-GAAP metrics are management tools and should be considered alongside U.S. GAAP results. All figures are unaudited, subject to normal closing procedures, and may change materially when final Q2 2026 results are released on July 30, 2026.
Virtu Financial (NYSE:VIRT) will announce its Q2 2026 results on Thursday, July 30, 2026, before the US market open.
The company will host a public conference call at 7:00 AM ET, with a live and archived webcast available on its investor relations website.
Virtu Financial (NYSE: VIRT) announced that subsidiary Virtu Financial Ireland Limited has obtained a Markets in Crypto-Assets (MiCA) license, authorizing regulated digital asset services across all 27 EU member states.
The license allows Virtu to offer regulated crypto-asset trading and liquidity provision to institutional and professional clients under a single EU framework.
Virtu (NYSE: VIRT) reported Q1 2026 results: total revenues $1,095.3M (+30.7%), net income $346.6M, basic/diluted EPS $1.99, and Normalized Adjusted EPS $2.24. Adjusted EBITDA $520.6M (margin 66.2%). The board declared a quarterly cash dividend of $0.24 per share, payable June 15, 2026. Cash and equivalents were $1,030.2M with long-term debt of $2,051.6M as of March 31, 2026.