Major US institutions to rival NYSE and Nasdaq with launch of ‘low-cost’ exchange
Morgan Stanley, Virtu Financial, Citadel Securities, UBS and Fidelity Investments are among the firms looking to establish a low-cost, transparent equities exchange.
Tag: Virtu Financial
Wall Street goes to war over market data and access
A roundtable hosted by the SEC with high-profile market participants highlighted just how divided Wall Street and regulated exchanges are on the issue of market data and access to exchanges, writes Hayley McDowell.
Instinet adds XTX Markets to SI aggregator in latest liquidity streaming deal
XTX Markets joins Virtu Financial, Sun Trading and SSW Market Making as liquidity providers on Instinet’s SI aggregator platform.
Instinet pens liquidity streaming agreement with SSW Market Making
Instinet adds to liquidity streaming partnerships implemented with Virtu Financial and Sun Trading last year, expanding liquidity coverage of stocks and ETFs.
Former Goldman Sachs European electronic trading head joins Redburn
Michael Seigne spent 22 year with Goldman Sachs before joining KCG and then Virtu Financial following their merger last year.
Buy-side warming to Virtu Financial’s SI, chief says
Virtu Financial CEO Doug Cifu outlines growth of its systematic internaliser and targets further growth of the service in Europe.
Virtu Financial registers as HFT in Japan
Virtu Financial’s Singapore entity gains regulatory approval to operate a high-speed trading business in Japan.
Virtu and BlueCrest join Eris Exchange as equity partners
Virtu Financial and BlueCrest have started trading Eris swap futures ahead of the exchange’s migration to CME Group later this year.
Virtu’s trading income soars as CEO lauds ‘unified firm’
$1.4 billion acquisition of KCG in 2017 results in 50% increasing in trading income for Virtu.
SIs say future is bright under MiFID II regime
TradeTech keynote panel discussion suggests the buy-side is becoming more comfortable interacting with systematic internalisers.