Virtu Financial Priced, Nasdaq: VIRT

High-frequency electronic trading firm and market maker.

Industry: Financials

Latest Trade: $16.25 0.00 (0.0%)

First Day Return: +16.7%

Return from IPO: -14.5%

Industry: Financials

Virtu is a leading technology-enabled market maker and liquidity provider to the global financial markets. We stand ready, at any time, to buy or sell a broad range of securities and other financial instruments, and we generate revenue by buying and selling securities and other financial instruments and earning small amounts of money on individual transactions based on the difference between what buyers are willing to pay and what sellers are willing to accept across a large volume of transactions. We make markets by providing quotations to buyers and sellers in more than 11,000 securities and other financial instruments on more than 225 unique exchanges, markets and liquidity pools in 35 countries around the world. We believe that our broad diversification, in combination with our proprietary technology platform and low-cost structure, enables us to facilitate risk transfer between global capital markets participants by supplying liquidity and competitive pricing while at the same time earning attractive margins and returns.
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IPO News for Virtu Financial
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IPO Data
IPO File Date 03/10/2014
Offer Price $19.00
Price Range $17.00 - $19.00
Offer Shares (mm) 16.5
Deal Size ($mm) $314
IPO Data
IPO Date 04/15/2015
Offer Price $19.00
Price Range $17.00 - $19.00
Offer Shares (mm) 16.5
Deal Size ($mm) $314
Underwriters
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Company Data
Headquarters New York, NY
Founded 2008
Employees 148
Website www.virtu.com