Virtu Financial Capital Markets, LLC.

Virtu Financial Capital Markets, LLC. is a US equities electronic trading platform and broker-dealer entity that sits within Virtu Financial, Inc., the global market-making and financial technology group. It is best understood as part of Virtu's capital-markets and execution-services footprint rather than as a standalone consumer-facing brand: the entity name appears in regulatory and platform contexts tied to electronic trading of US equities, while the commercial identity that clients and counterparties recognize is the broader Virtu brand. Virtu Financial, Inc. describes itself as a leading global market maker and provider of execution technology and client solutions. According to the company's own materials, it combines market-structure expertise with execution technology to provide competitive bids and offers in over 25,000 securities, at over 235 venues, in 37 countries worldwide. That scale is the backdrop for the Capital Markets entity: the group's technology, liquidity and connectivity are the products, and the legal entities are the regulated vehicles through which those products reach the market. Virtu's client-facing offering spans three broad areas. First, market making: the firm generates deep liquidity and quotes across a wide range of securities and venues. Second, client solutions: a suite of customizable, transparent execution and trading-technology solutions intended to help clients improve investment returns and mitigate risk across asset classes. Third, data and analytics: the Open Technology platform, described by the company as a data-as-a-service solution that exposes Virtu's global, multi-asset-class foundational products and client-focused offerings through a growing library of application programming interfaces (APIs) and other tools. Transparency is a central part of the brand's positioning. Virtu states that it advocates for increased transparency, arguing that transparency enables market participants to make better, more informed decisions and makes markets more efficient. The company publishes liquidity and trading statistics for venues including POSIT ATS, POSIT Alert, POSIT MTF and Virtu MatchIt, along with regulatory disclosures and FIX specifications, and it supports the development of rules and regulatory initiatives that promote more liquid and transparent markets. It also emphasizes trade execution and routing, price improvement and best execution, and references 605 and 606 reporting. The brand has been recognized by industry research organizations and publications. Virtu's awards page cites, among others, The Trade's 2021 Leaders in Trading awards for EMS platform adaptability and overall outperformance, Greenwich Associates rankings for Canadian equity crossing-network penetration and electronic trading relationships, Institutional Investor All-America Trading Team rankings for electronic trading client service, and Aite Group's 2020 Impact Innovation Award in Capital Markets for reporting and analytics. The company also highlights diversity, equity and inclusion recognition, including STA Women in Finance awards. Virtu Financial Capital Markets, LLC. therefore functions as a regulated US equities electronic trading platform and broker-dealer within a larger, publicly listed financial technology and market-making group. Its relevance to clients lies less in a distinct consumer brand and more in the execution, liquidity and technology infrastructure that the Virtu group provides to institutional market participants.

Virtu Financial Capital Markets, LLC. belongs to Virtu Financial, Inc., a group that grew from a technology-driven market-making operation into a publicly listed financial technology and execution-services firm. The entity itself is a US equities electronic trading platform and broker-dealer within that group, and its history is inseparable from the parent's expansion into capital markets, client execution and data services. Virtu Financial, Inc. was co-founded by Douglas Cifu, who serves as CEO and is identified in the company's own materials as a co-founder. The firm built its reputation on automated, technology-intensive market making, using proprietary execution technology and market-structure expertise to quote competitively across a very large number of securities and venues. The company's own description of its scale — competitive bids and offers in over 25,000 securities, at over 235 venues, in 37 countries worldwide — reflects the breadth that this model achieved. As the group matured, it broadened from pure market making into client-facing execution services and data. The company describes a suite of customizable, transparent client solutions with superior trading technologies intended to help clients improve investment returns and mitigate risk across asset classes. It also launched the Open Technology platform, a data-as-a-service offering that exposes Virtu's global, multi-asset-class foundational products and client-focused offerings through a growing library of APIs and other tools. These moves positioned the group not only as a liquidity provider but as a technology and data vendor to institutional clients. A defining theme of Virtu's public identity has been transparency. The company states that it advocates for increased transparency because it enables market participants to make better, more informed decisions and makes markets more efficient, and it commits to deep liquidity, competitive pricing and consistent, high-quality executions. It supports the development and implementation of rules and regulatory initiatives that produce more liquid and transparent markets. Operationally, this translates into published liquidity and trading statistics for venues such as POSIT ATS, POSIT Alert, POSIT MTF and Virtu MatchIt, along with regulatory disclosures, FIX specifications and market-data specifications, and a focus on trade execution and routing, price improvement, best execution and 605/606 reporting. The group's execution and analytics capabilities have been recognized by industry research organizations and publications. Virtu's awards page cites The Trade's 2021 Leaders in Trading awards for EMS platform adaptability and overall outperformance, The Trade's 2020 EMS overall outperformance award, Greenwich Associates rankings for US equity commission management and execution quality, Canadian equity crossing-network penetration and electronic trading relationships, and European equity electronic trading quality, Institutional Investor All-America Trading Team rankings for electronic trading client service and overall electronic trading, and Aite Group's 2020 Impact Innovation Award in Capital Markets for reporting and analytics. It also lists FX TCA recognition from FX Week and diversity, equity and inclusion awards from STA Women in Finance. Community engagement is part of the group's stated culture. Since 2013, Virtu says it has prioritized giving back through volunteering more than 10,000 hours, with senior leaders across the firm leading volunteer activities such as cleaning up harbors in Los Angeles, charity runs in Hong Kong and blood donation in Melbourne. Within this larger story, Virtu Financial Capital Markets, LLC. represents the regulated US equities electronic trading platform layer of the Virtu brand — the entity through which the group's execution technology, liquidity and market access reach US equity market participants. Its history is therefore one of integration into a broader, publicly listed market-making and financial technology enterprise rather than of an independent corporate trajectory.

• Virtu Financial, Inc. co-founded with Douglas Cifu, who serves as CEO.

• Since 2013, Virtu reports volunteering more than 10,000 hours through its Give Back program.

• 2017: Recognized as Outstanding TCA Provider (Editor's Choice Award, The Trade) and Best FX TCA (e-FX Awards, FX Week).

• 2018: Ranked #1 in Canadian equity crossing-network penetration and electronic trading relationships by Greenwich Associates; #1 electronic trading client service in Institutional Investor All-America rankings.

• 2020: Aite Group Impact Innovation Award in Capital Markets for reporting and analytics; The Trade EMS Overall Outperformer.

• 2021: The Trade Leaders in Trading awards for EMS Best Platform Adaptability and Overall Outperformer; STA Women in Finance recognition.

Institutional electronic trading, liquidity and execution technology delivered with an emphasis on transparency, competitive pricing and consistent, high-quality executions.

• Open Technology Platform

  A data-as-a-service solution leveraging Virtu's global, multi-asset-class foundational products and client-focused offerings, with a growing library of APIs and other tools.

• Client Solutions

  A suite of customizable, transparent solutions with trading technologies intended to improve investment returns and mitigate risk across asset classes.

• Market Making

  Competitive bids and offers in over 25,000 securities, at over 235 venues, in 37 countries worldwide.

• POSIT ATS / POSIT Alert

  US liquidity venues with published trading statistics, regulatory disclosures and FIX specifications.

• POSIT MTF

  EMEA multilateral trading facility with regulatory disclosures, connectivity guides and market data specifications.

• Virtu MatchIt

  A liquidity venue with published trading statistics, disabled symbols and FIX specifications.

1. 1VIRTU Financial Inc. – Homepagevirtu.com
2. 2About – VIRTU Financial Inc.virtu.com
3. 3Awards – VIRTU Financial Inc.virtu.com
4. 4Transparency – VIRTU Financial Inc.virtu.com
5. 5Wikidata – Virtu Financial Capital Markets, LLC.wikidata.org