Triton is a global, multi-asset execution management system for trading equities, ETFs, futures, options, FX and fixed income across 700+ brokers and venues for all types of flow–Care, PT, DMA, Algos, RFS and RFQs. Triton was designed with an active trader in mind and provides technology that assists traders achieving their objectives throughout the lifecycle of a trade. Virtu's Global Head of Triton Product, Ashley Kryshtalsky commented, "This recognition underscores our sustained investment in Triton Valo ...

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, today announced that Virtu's Triton Valor EMS was awarded best Equity E/OMS at Market Media's European Markets Choice Awards 2024. Central to Virtu Workflow Technology's mission is to develop trader-centric solutions that prioritize client needs and ...

Torsten Asmus Virtu Financial Earnings So whether it's half in size, or a third in size, I think it's probably closer to a third than a half is what is how I would kind of scope it out. So, look, it's, and the marginal dollars on that effectively flowing to the bottom line of Virtu after we pay exchange fees and the SEC fees and all that other kind of stuff is essentially 100%. In terms of the most recent results, not necessarily looking forward, performance was definitely ahead of peers. Most volumes were ...

Alex Kramm Fair enough. So, nothing we should be thinking about as we think about profitability going forward, the recent change. Joseph Molluso It shows up in gross to net, but just to take your question back to the original point like these are good detailed questions, and they all have some impact. None of them this quarter would explain sort of outperformance, but as we said earlier, it is a lot of little things, right. We have a diversified market making business that we get better at. We get better at ...

Virtu Financial, Inc. (VIRT) reported second-quarter 2024 adjusted earnings per share (EPS) of 83 cents, which outpaced the Zacks Consensus Estimate by 33.9%. The bottom line jumped from 37 cents per share a year ago. Adjusted net trading income improved more than 36% year over year to $385.1 million in the quarter under review. It beat the consensus estimate by 15.8%. The strong second-quarter results benefited on the back of strong revenue contribution from the Market Making segment and higher revenues fr ...

Over the last four quarters, the company has surpassed consensus EPS estimates three times. Virtu Financial shares have added about 16% since the beginning of the year versus the S&P 500's gain of 17.2%. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. It will be inter ...

Execution Services Market Making Major Market Metrics ➢ Clarity on results at different ANTI levels • Maintained expense discipline • Repurchased 1.4M shares for $31M in 2Q 20244 2Q 2024 Key Financials Commentary & Highlights See endnotes at end of this supplement o Cumulative repurchases of 47.3M shares for over $1.18B, representing 18.2% of shares outstanding, net of issuances4,5 2 Key Financial Metrics Daily Average Adj. NTI1 Trend YTD 2Q 2024 share buybacks ($67M) in line with guidance © 201X Virtu Fina ...

Second Quarter 2024: The Virtu Financial, Inc. Board of Directors declared a quarterly cash dividend of $0.24 per share. This dividend is payable on September 15, 2024 to shareholders of record as of September 1, 2024. Financial Results Total revenues increased 36.7% to $693.0 million for this quarter, compared to $506.9 million for the same period in 2023. Trading income, net, increased 39.3% to $426.4 million for the quarter compared to $306.2 million for the same period in 2023. Net income totaled $128.1 ...

Adjusted Net Trading Income, EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Normalized Adjusted Net Income, Normalized Adjusted Net Income before income taxes, Normalized provision for income taxes, and Normalized Adjusted EPS and Adjusted Operating Expenses are non-GAAP financial measures used by management in evaluating operating performance and in making strategic decisions. Additional information provided regarding the breakdown of Total Adjusted Net Trading Income by category is also a non-GAAP finan ...

"Maria is an accomplished athlete and exceptional role model. She is well on her way to future success on the international show jumping stage, including representing the United States at the 2028 Olympics. Virtu is proud and honored to help support Maria in the quest to achieve her championship goals," said Douglas A. Cifu, Virtu's Chief Executive Officer. Investor Relations and Media Relations Andrew Smith investor_relations@virtu.com media@virtu.com Ms. Costa has several equestrian accomplishments in her ...