Virtu Financial Triples its Revenues in Final Quarter of 2018

High frequency trader (HFT) and market making firm Virtu Financial (Virtu) released preliminary financial results for the final quarter of 2018 on Tuesday evening. The New York-based firm said that it expects revenues to reach between $424 million and $447 million. Discover iFX EXPO, Your Gateway to Asian Markets! Unsurprisingly, the bulk of that cash came…

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Order Speed Analysis Reveals the Fastest Cryptocurrency Exchanges

When you’re trading digital assets, speed matters — particularly so if you’re engaged in high-frequency trading, when every millisecond counts. Executing orders a fraction of a second ahead of the market can mean the difference between profit and loss. New data reveals which cryptocurrency exchanges are the fastest — and which are struggling to keep…

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