Virtu

SEC trading proposal sparks Wall Street outcry

Agency considers requiring brokerages to route individual investors’ stock orders into auctions

5 min read

Wall Street trading boss: ‘We encourage Trump to keep tweeting’

High-frequency trader says market selloff sparked by presidential tweet led to a recovery in its fortunes

2 min read

High-speed traders Optiver and Virtu back EU trading venue

Dutch trading firm Optiver becomes an investor in German-owned trading venue after signing a liquidity deal last year

2 min read

New US exchange MEMX could come to Europe, backer hints

Virtu CEO tells conference: ‘The mandate of the MEMX Exchange is not limited to the United States’

2 min read

High-speed trader Virtu parts ways with Europe chief Scholtes

Virtu is awaiting completion of its $1bn acquisition of ITG

2 min read

Douglas Cifu (centre), the chief executive of Virtu Financial, pictured with then-Nasdaq CEO Bob Greifeld (right) and Virtu founder Vincent Viola (right) in 2015

High-speed trader Virtu to pay $1bn for broker ITG

Acquisition furthers the fast-trading firm's move into working for external institutional investors, as well as trading for itself

2 min read

Virtu CEO comes out swinging against critics

Douglas Cifu, chief executive of the $6.1bn electronic trading firm, slams regulators over Mifid II

5 min read

Virtu to take legal action after fake digital coin emerges

Leading electronic trading firm responds to false reports of a fundraising using a digital token called VirtCoin

2 min read

ICE eyes fixed income after buying BondPoint from Virtu

Atlanta-based company secures second acquisitive deal in 24 hours

2 min read

Virtu to close Swedish broker Neonet

The HFT has been closing unprofitable businesses in Europe ahead of new trading rules

2 min read

Phil Allison

KCG Europe boss departs as takeover completes

Phil Allison, who became chief executive of KCG's European business in 2014, is in line for a parachute payment of $7m

2 min read

Virtu inks Mifid II trading pact with Nomura’s Instinet

New EU rules that will change the way shares are bought and sold away from exchanges are just six months away

Virtu investors to push for deals if KCG bid fails

Moody's believes the US market-maker's shareholders will ask for alternatives if no deal is struck

High-frequency traders feel the pressure of one-way markets

Virtu’s $1.3bn move on KCG highlights how a lack of volatility is forcing consolidation

High-speed trader Virtu backs ‘pro-growth’ Trump

Virtu struck a bullish tone on the new administration in Washington