CEO at Virtu, Doug Cifu, said MiFID II means the buy-side need an execution only agency.
Tag: Doug Cifu
KCG accepts offer from Virtu Financial following unsolicited bid earlier this year.
KCG has confirmed the receipt of the offer from Virtu and is reviewing it with financial and legal advisors.
Doug Cifu says new pro-business environment in Washington will normalise volumes and volatility.
Virtu Financial describes the ETF market as ‘an area that deserves a closer look’ in letter to US regulator.
Virtu Financial reported trading sales were down 25% in the third quarter this year.
The Trade speaks to Virtu Financial's chief executive officer, Doug Cifu about the firm's often misunderstood business model, its move into the derivatives swaps market, and European regulation.