Derivatives
Virtu Financial and BlueCrest have started trading Eris swap futures ahead of the exchange’s migration to CME Group later this year.
Sell-Side
$1.4 billion acquisition of KCG in 2017 results in 50% increasing in trading income for Virtu.
Trading Venues
TradeTech keynote panel discussion suggests the buy-side is becoming more comfortable interacting with systematic internalisers.
Technology
Tower Research Capital follows Virtu in joining Fidessa systematic internaliser program.
Sell-Side
Virtu and Fidessa have entered into a liquidity agreement as MiFID II rules sweep the industry.
Trading Venues
Doug Cifu says Virtu is “the ultimate market making firm” following a 50% surge in trading income.
Regulation
Cboe Europe, the London Stock Exchange, Nasdaq and Aquis Exchange among voices supporting changes to MiFID II’s SI regime.
Data
Vela’s SI data hub offers price and best bid and offer feeds for liquidity across various venues.
Sell-Side
Virtu Financial in Ireland will register as an SI in Europe next year.
Fixed Income
Doug Cifu, CEO at Virtu, said BondPoint was better suited outside of the firm’s core operations.