High-frequency trading firm Virtu Financial Inc. reported another year without a single day of losses, extending a near-perfect streak stretching back to 2009 that contrasts with dwindling profits at competitors.
Virtu made money every day in 2014, generating revenue of $723 million and net income of $190 million, according to financial statements filed with regulators Friday. The 148-employee company, which uses computerized strategies to buy and sell everything from stocks to currencies, has had only one losing day in its six years of operation.
