Welcome to our dedicated page for Virtu Financial news (Ticker: VIRT), a resource for investors and traders seeking the latest updates and insights on Virtu Financial stock.
Virtu Financial, Inc. (NASDAQ: VIRT) is a leading global provider of financial technology and liquidity solutions. This dedicated news hub aggregates official announcements, market analyses, and operational updates related to Virtu's market making services across equities, fixed income, currencies, and commodities.
Investors and market participants will find timely updates on Virtu's execution services, including Virtu Execution Services (VES) platform developments, regulatory disclosures, and strategic partnerships. The curated collection features earnings reports, technology innovations, and corporate governance updates essential for understanding Virtu's role in electronic trading ecosystems.
Key content categories include quarterly financial results, liquidity provision metrics, exchange partnership announcements, and regulatory compliance updates. All materials are sourced from verified corporate communications and reputable financial publications to ensure accuracy and relevance.
Bookmark this page for streamlined access to Virtu Financial's latest operational developments and market commentary. Check regularly for updates on how Virtu's algorithmic trading solutions continue to shape global market structure and execution quality.
Virtu Financial (NASDAQ: VIRT) reported strong Q4 2024 results with net income of $176.1 million and total revenues of $834.3 million, marking a 55.7% increase from Q4 2023. Trading income surged 104% to $544 million compared to the same period last year.
For full-year 2024, the company achieved total revenues of $2.87 billion (up 25.4%) and net income of $534.5 million (up from $263.9 million in 2023). The company's Adjusted EBITDA margin reached 61.9% in Q4.
The Board declared a quarterly cash dividend of $0.24 per share, payable March 17, 2025. Under its Share Repurchase Program, VIRT bought back $57.1 million worth of shares in Q4 and $172.2 million for the full year. Since the program's inception in November 2020, the company has repurchased approximately 50.7 million shares for $1.29 billion, with $423.8 million remaining capacity.
Virtu Financial (Nasdaq: VIRT) has scheduled its Q4 2024 earnings announcement for Wednesday, January 29, 2025, before the US market opens. The company, which provides global multi-asset financial services and liquidity solutions, will host a conference call at 8:30 AM EST to discuss the financial results. The event will be accessible to the public through a live webcast, which will be archived on the company's Investor Relations website at ir.virtu.com/events-presentations.
Virtu Financial (NASDAQ: VIRT) has received multiple recognitions at The TRADE Leaders in Trading Awards 2024, demonstrating its excellence in trading technology. At the European ceremony, the company secured awards for Best Access to Market and Best Dark Pool Capabilities.
The company's Virtu Triton EMS platform was particularly successful, winning awards for Best User Experience, Best Provider for Large Clients, and Best Provider in the UK and Europe. At the North American ceremony, Triton EMS also received recognition for Best Market Access and Best Product Adaptability.
Virtu Triton EMS is a broker-neutral, multi-asset-class execution management system offering customizable interface, analytics, and seamless integration for modern traders.
Virtu Financial (NASDAQ: VIRT) announces the recognition of two team members at the 2024 Women in Finance Americas Awards. Rachele Princiotto, Electronic Services Group Manager, received the Excellence in Service Providers Award for her leadership since joining in 2005. Lisha Qiu, Research Quant, won the Rising Star Award for her contributions since 2017. Additionally, four other Virtu employees - Ellyn Coyne, Kimberly Ding, Melissa Santoiemma, and Tori Gahagan - were nominated for awards.
Virtu Financial (NASDAQ: VIRT) reported strong Q3 2024 results with net income of $119.0 million and normalized adjusted net income of $132.1 million. Total revenues increased 12.2% to $706.8 million, while trading income rose 40.5% to $444.0 million compared to Q3 2023. The company achieved adjusted EBITDA of $214.8 million, up 54.0% year-over-year, with an adjusted EBITDA margin of 55.4%. Basic and diluted EPS were $0.65 and $0.64 respectively. The Board declared a quarterly dividend of $0.24 per share, payable December 15, 2024.
Virtu Financial (Nasdaq:VIRT), a leading global multi-asset financial services provider, has announced it will release its third quarter 2024 results on Thursday, October 24, 2024, before the US market opens. The company will host a conference call at 8:30 AM (EDT) to discuss the financial results.
A live webcast of the event will be available and later archived on the Investor Relations section of Virtu's website at https://ir.virtu.com/events-presentations. The call will be open to the public, allowing investors and interested parties to participate and gain insights into the company's performance.
Virtu Financial, Inc. (Nasdaq:VIRT) proudly announces that two of its employees have been recognized at Markets Media's European Women in Finance Awards. Trish McMenamin, Chief Compliance Officer, received the Excellence in Legal and Compliance award for transforming Virtu's Dublin-based regulatory program and fostering collaboration across global teams. Leah Goldsberry, EMEA Head of Analytics Client Coverage, was awarded the Rising Star honor for her contributions in managing key client relationships and leading Virtu's EMEA analytics team.
Rob Boardman, EMEA CEO of Execution Services at Virtu Financial, commended both women for exemplifying Virtu's commitment to excellence, innovation, and teamwork. The firm expressed gratitude for the examples Leah and Trish set at Virtu and in the financial services industry.
Virtu Financial (NASDAQ: VIRT) has announced that its Triton Valor execution management system (EMS) has established direct connectivity to CONNEQTOR, Tokyo Stock Exchange's (TSE) platform for trading exchange traded funds (ETFs). This integration allows investors to access real-time and deep ETF liquidity on the TSE.
Triton is a global, multi-asset EMS that supports trading across various asset classes and brokers. The connection to CONNEQTOR was added in response to client requests for access to new, innovative liquidity sources for ETF trading. TSE developed CONNEQTOR to facilitate large-scale transactions that were challenging to complete in auction sessions.
Virtu Financial's Triton Valor EMS has been awarded Best Equity E/OMS at the European Markets Choice Awards 2024. Triton is a global, multi-asset execution management system for trading various financial instruments across 700+ brokers and venues. It caters to all types of flow, including Care, PT, DMA, Algos, RFS, and RFQs.
In response to increased European client demand, Triton has expanded its fixed income capabilities, streamlining workflows and improving liquidity access. Virtu's focus on trade automation tools, including algo wheel, auto-router, and web-based execution planning toolkit, coupled with real-time analytics, enables clients to prioritize best-execution.
This award highlights Virtu's commitment to improving Triton's core competencies and expanding its multi-asset footprint globally.
Virtu Financial (NASDAQ: VIRT) reported strong Q2 2024 results, with net income of $128.1 million and normalized adjusted net income of $135.3 million. Key highlights include:
- Total revenues increased 36.7% to $693.0 million
- Trading income, net, rose 39.3% to $426.4 million
- Adjusted Net Trading Income up 38.2% to $385.1 million
- Adjusted EBITDA grew 78.3% to $217.5 million
The company completed a refinancing of existing debt with a new $1.2 billion term loan and $500 million in notes. Virtu also declared a quarterly dividend of $0.24 per share and continued its share repurchase program, buying back $31.0 million in shares during Q2.
FAQ
What is the current stock price of Virtu Financial (VIRT)?
What is the market cap of Virtu Financial (VIRT)?
