VIRTU FINANCIAL

The company reported total revenue of $549 million with a net income of $108.9 million.

Basic earnings per share for the quarter came in at $1.91, while diluted earnings per share remained $1.89.

It earned $1.12 billion for the whole year, recovering from a loss of $103.7 million in 2019.

Cormark agreed to pay $800,000 in penalty while SEC settled charges against Virtu ITG Canada with a $200,000 penalty.

The new offering enables Virtu’s TCA clients to better manage execution costs and perform portfolio construction analysis.

New York-based Virtu’s upbeat performance was fueled by a surge in trading by retail investors during the coronavirus pandemic. ...

The new capabilities enable clients to execute FX directly with their liquidity providers by RFS protocol and directed execution

Virtu has partnered with one of the leading asset managers in Asia, Asset Management One.

The company also promoted others in its finance management team.

The increased market activity due to the COVID-19 volatility has contributed to this rise.

The product is part of Virtu’s Transaction Cost Analytics offering.

The company did not admit or deny the allegations.

The CEO of the market making firm said that having some of its staff work from home would be ...

The transaction is expected to close in the third quarter of 2020

Quarter was marked by Covid-19 impact on our country and the world - Virtu

Molluso had served as CFO at the firm for four years earlier in his career

The company’s final results have fallen within the firm’s previous estimates.

The company forecasts that it will report a net loss between $29 and $31 million.

Gambale has become an independent director of the company.

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