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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Futures Market Relaunches as ErisX Crypto Exchange, Backed by TD Ameritrade, DRW and Virtu

Photo: Eris Exchange, LLC / Facebook Despite the significant drop of entire market capitlization and Bitcoin’s 50 percent slump, which hit the cryptocurrency market this year, TD Ameritrade, one of the leading global retail brokerages, has announced its investing in ErisX, a new cryptocurrency trading platform owned by Chicago-based derivatives market Eris Exchange LLC. Among other backers are such financial…

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