Virtu Financial: Market's Loss Is My Gain

Since I initiated coverage for Virtu Financial (NASDAQ: VIRT ) earlier this year, the stock is up ~70% against ~20% of the S&P 500. The thesis back then remained true for my follow-up coverage and is still the same today, and it's aAnalyst’s Disclosure: I/we have a beneficial long position in the shares of VIRT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ...