The ESG options were traded on 9 and 11 February via the Virtu RFQ-hub and were valued at $332 million and $1.67 billion respectively.
Tag: Virtu Financial
The integration will allow liquidity providers using the EliData C-RFQ solution to automate their workflow with the RFQ-hub, to access FIX connectivity, and to centralise ETF flow.
The record trade on POSIT Alert Australia is the culmination of various improvements made to the system by Virtu Financial.
The service from Virtu will give the US buy-side the ability to analyse routing and execution practices across brokers from a single access point.
Charles Schwab Investment Management and WisdomTree Asset Management have signed on to Virtu’s ETF analytics tool.
Results of the Virtu Financial annual survey suggests it may be a while before buy-side arrange in-office meetings with brokers.
The tool from Virtu provides a proprietary pre-trade liquidity model that aids execution decisions, liquidity management and helps document best execution.
Buy-side traders should engage more with their brokers on conditional order routing logic, a paper from Virtu Financial has said.
Upon launching the new Prism Frontier post-trade TCA tool, Virtu said it expects to launch real-time TCA for its algo suite later this year.
The asset manager based in Asia has deployed the Virtu Triton Valor execution system, as well as the firm's trading analytics solutions.