Virtu Financial Inc
NASDAQ:VIRT

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Virtu Financial Inc
NASDAQ:VIRT
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Price: 36.17 USD 2.15%
Market Cap: 5.6B USD
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Virtu Financial Inc
Effect of Foreign Exchange Rates

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Virtu Financial Inc
Effect of Foreign Exchange Rates Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Effect of Foreign Exchange Rates CAGR 3Y CAGR 5Y CAGR 10Y
Virtu Financial Inc
NASDAQ:VIRT
Effect of Foreign Exchange Rates
$8.5m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Goldman Sachs Group Inc
NYSE:GS
Effect of Foreign Exchange Rates
$5.8B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Morgan Stanley
NYSE:MS
Effect of Foreign Exchange Rates
-$1.3B
CAGR 3-Years
-19%
CAGR 5-Years
5%
CAGR 10-Years
-4%
Charles Schwab Corp
NYSE:SCHW
Effect of Foreign Exchange Rates
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Robinhood Markets Inc
NASDAQ:HOOD
Effect of Foreign Exchange Rates
$0
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Interactive Brokers Group Inc
NASDAQ:IBKR
Effect of Foreign Exchange Rates
$189m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Virtu Financial Inc
Glance View

Market Cap
5.6B USD
Industry
Financial Services

Virtu Financial Inc., a prominent player in the financial world, is renowned for its sophisticated approach to navigating the complex realm of electronic market making. Founded in 2008, during a time when financial markets were witnessing seismic changes, Virtu positioned itself at the cutting edge of technology and finance. The firm's prowess lies in its ability to leverage high-frequency trading, using sophisticated algorithms to buy and sell a wide array of securities across global markets almost instantaneously. These algorithms are crafted meticulously, allowing Virtu to swiftly capitalize on fleeting market opportunities, generating a steady profit by executing thousands of smaller trades with razor-thin margins. Essentially, Virtu acts as a liquidity provider; it bridges the gap between buyers and sellers and ensures smoother market functioning, which inadvertently benefits participants by offering more competitive prices. The company's profitability does not solely hinge on exceptional trading speeds. Virtu has diversified its revenue streams by offering its technological expertise to other financial institutions, a testament to its towering reputation in the industry. Such services include risk management and trading analytics tools, appealing to clients who seek to optimize their trading practices. Moreover, reflecting on its heritage of adaptability, Virtu has expanded its operations to include asset classes beyond equities, such as commodities, currencies, and fixed incomes. While the underlying mechanics of its business are rooted in complex financial technologies and strategies, the critical takeaway is Virtu's ability to profit consistently through market-making efficiencies and its innovative approach to financial technology, making it a formidable entity in the contemporary financial services landscape.

VIRT Intrinsic Value
59.84 USD
Undervaluation 40%
Intrinsic Value
Price

See Also

What is Virtu Financial Inc's Effect of Foreign Exchange Rates?
Effect of Foreign Exchange Rates
8.5m USD

Based on the financial report for Sep 30, 2024, Virtu Financial Inc's Effect of Foreign Exchange Rates amounts to 8.5m USD.

What is Virtu Financial Inc's Effect of Foreign Exchange Rates growth rate?
Effect of Foreign Exchange Rates CAGR 1Y
-56%

Over the last year, the Effect of Foreign Exchange Rates growth was -56%.

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