February 24, 2017 10:20 AM ET

Capital Markets

Company Overview of Virtu Financial, Inc.

Company Overview

Virtu Financial, Inc. provides market making and liquidity services to the financial markets worldwide. It provides a technology platform through which it provides quotations to buyers and sellers in equities, commodities, currencies, options, fixed income, and other securities on various exchanges, markets, and liquidity pools. The company was founded in 2008 and is headquartered in New York, New York.

900 Third Avenue

29th Floor

New York, NY 10022

United States

Founded in 2008

Phone:

212-418-0100

Key Executives for Virtu Financial, Inc.

Chief Executive Officer and Director
Age: 51
Total Annual Compensation: $1.0M
Founder and Executive Chairman
Age: 60
Chief Financial Officer and Executive Vice President
Age: 47
Total Annual Compensation: $1.2M
Senior Vice President of Compliance, Regulatory & Government Affairs
Age: 46
Total Annual Compensation: $668.5K
Compensation as of Fiscal Year 2015.

Virtu Financial, Inc. Key Developments

Virtu Financial, Inc. Declares Quarterly Cash Dividend, Payable on March 15, 2017

The Board of Directors of Virtu Financial, Inc. declared a quarterly cash dividend of $0.24 per share. This dividend is payable on March 15, 2017 to shareholders of record as of March 1, 2017.

Virtu Financial, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016

Virtu Financial, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported total revenues of $170.646 million compared to $176.904 million a year ago. Income before income taxes and non-controlling interest was $38.864 million compared to $47.277 million a year ago. Net income available for common stockholders was of $8.966 million or $0.22 per diluted share compared to $8.106 million or $0.22 per diluted share a year ago. Adjusted EBITDA was $64.774 million compared to $71.868 million a year ago. Normalized adjusted net income was $32.894 million or $0.24 per share compared to $36.817 million or $0.27 per share a year ago. For the year, the company reported total revenues of $702.273 million compared to $796.213 million a year ago. Income before income taxes and non-controlling interest was $179.857 million compared to $215.929 million a year ago. Net income available for common stockholders was of $34.720 million or $0.88 per diluted share compared to $20.887 million or $0.59 per diluted share a year ago. Adjusted EBITDA was $268.605 million compared to $352.362 million a year ago. Normalized adjusted net income was $135.821 million or $0.97 per share compared to $187.823 million or $1.35 per share a year ago.

Virtu Financial, Inc. to Report Q4, 2016 Results on Feb 02, 2017

Virtu Financial, Inc. announced that they will report Q4, 2016 results at 9:00 AM, Eastern Standard Time on Feb 02, 2017

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