Summer 2027
Quantitative Researcher Intern
Quantitative Researcher
Virtu Financial
1,001-5,000 employees
Broker-neutral market making and trading platform
Compensation Overview
$125 - $145/hr
New York, NY, USA
In Person
On-site internship in New York; 10-week program.
Bachelor's, PhD
 Quantitative Finance (1) |
|---|
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- Advanced degree (preferably PhD) in Science, Mathematics, Engineering or other quantitative field
- History of diverse, challenging, and interesting coursework paired with a strong GPA
- Exceptional quantitative, mathematical, and problem-solving skills
- Great communication skills and the ability to collaborate with peers
- Ability to solve technical and or quantitative problems under pressure
- Ability to express ideas mathematically and algorithmically
- Strong programming skills (especially C/C++ and Python, Pandas)
- Intellectually curious and self-motivated
- Ability to communicate within and across teams, at a high and low level, on both technical and non-technical subjects
- Ability to seek guidance and learn new skills from peers
- Extraordinary mental flexibility and a high tolerance for ambiguity
- Strong drive for success within a collaborative team
- Interest in financial markets
- Interns will work directly with senior members of the team on trading strategies used in Virtu's market making business.
- Interns will apply their quantitative analysis and research skills to discover patterns that can potentially improve trading algorithms.
- Interns will learn to apply basic data analysis tools to large trading data sets.
- Each intern will complete one to two projects which could come from different mentors and groups.
Virtu Financial provides market making and trading solutions. It offers execution services, liquidity sourcing, analytics, and broker-neutral, multi-dealer platforms that connect clients to a wide network of venues, with an Open Technology platform that exposes APIs for data, analytics, and connectivity. The company operates in 37 countries across 235+ venues, supporting more than 25,000 securities. Its goal is to help markets run more efficiently and stay stable by delivering deep liquidity and competitive bids and offers.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2008
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Simplify's Take
What believers are saying
- Q2 2026 revenue rose 19% to $1.19 billion, with adjusted EPS $1.82.
- Adjusted net trading income hit $718 million, or $11.6 million daily, on July 30.
- Trading income jumped 31% year over year, showing Virtu thrives in volatility.
What critics are saying
- The December 2, 2025 SEC settlement cost Virtu $2.5 million and exposed trade-data controls.
- Virtu's Q2 2026 trading income fell from Q1's peak, showing volatility dependence.
- A U.S. payment-for-order-flow ban would crush retail market-making economics by 2027.
What makes Virtu Financial unique
- Virtu's June 2, 2026 MiCA license lets it passport crypto services across 27 EU countries.
- Its July 15, 2026 BitGo Prime deal combines custody and liquidity for institutions.
- SSI launched Vietnam's Global Broker model with Virtu on June 2, 2026.
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Growth & Insights and Company News
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↑ 0%Redwood Investment Management LLC makes new $1.05 million investment in Virtu Financial, Inc. $VIRT. August 4, 2026 Key points. * Redwood Investment Management purchased 23,836 Virtu Financial shares worth approximately $1.05 million in the first quarter. Institutional investors collectively own 45.78% of the company. * Virtu Financial reported quarterly EPS of $1.82 on $984.69 million in revenue, with a 49.06% return on equity and 13.50% net margin. The company also announced a quarterly dividend of $0.24, equivalent to a 1.6% annual yield. * Virtu shares opened at $58.72, near the analyst consensus price target of $58.80. Analysts' overall rating is Hold, with three Buy, three Hold, and one Sell rating. * Interested in Virtu Financial? Here are five stocks we like better. Redwood Investment Management LLC purchased a new position in Virtu Financial, Inc. (NYSE:VIRT - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 23,836 shares of the company's stock, valued at approximately $1,048,000. Several other large investors also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its stake in shares of Virtu Financial by 103.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company's stock valued at $34,000 after acquiring an additional 387 shares in the last quarter. Transamerica Financial Advisors LLC boosted its position in Virtu Financial by 480.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 836 shares of the company's stock worth $28,000 after purchasing an additional 692 shares during the period. CIBC Private Wealth Group LLC boosted its position in Virtu Financial by 51.9% during the third quarter. CIBC Private Wealth Group LLC now owns 972 shares of the company's stock worth $35,000 after purchasing an additional 332 shares during the period. Quarry LP acquired a new position in Virtu Financial during the third quarter valued at approximately $35,000. Finally, Jones Financial Companies Lllp grew its holdings in Virtu Financial by 1,624.1% during the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the company's stock valued at $38,000 after purchasing an additional 942 shares during the last quarter. Institutional investors own 45.78% of the company's stock. Virtu Financial price performance. Shares of NYSE:VIRT opened at $58.72 on Tuesday. The company has a market cap of $9.11 billion, a price-to-earnings ratio of 9.75, a PEG ratio of 0.39 and a beta of 0.60. The business has a 50 day moving average price of $58.30 and a 200 day moving average price of $49.03. The company has a quick ratio of 0.45, a current ratio of 1.11 and a debt-to-equity ratio of 0.87. Virtu Financial, Inc. has a twelve month low of $31.55 and a twelve month high of $68.02. Virtu Financial (NYSE:VIRT - Get Free Report) last issued its quarterly earnings results on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. Virtu Financial had a return on equity of 49.06% and a net margin of 13.50%.The company had revenue of $984.69 million for the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Research analysts predict that Virtu Financial, Inc. will post 6.33 earnings per share for the current year. Virtu Financial dividend announcement. The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a $0.24 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.96 annualized dividend and a dividend yield of 1.6%. Virtu Financial's dividend payout ratio (DPR) is presently 15.95%. Wall Street analyst weigh in. A number of equities analysts have recently commented on the stock. The Goldman Sachs Group lifted their price target on shares of Virtu Financial from $51.00 to $63.00 and gave the company a "neutral" rating in a research report on Tuesday, June 30th. Morgan Stanley upped their price objective on shares of Virtu Financial from $39.00 to $57.00 and gave the stock an "underweight" rating in a report on Friday, July 10th. Wall Street Zen upgraded shares of Virtu Financial from a "hold" rating to a "buy" rating in a research note on Sunday, July 12th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Virtu Financial in a report on Friday, May 29th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Virtu Financial from $51.00 to $59.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 28th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Virtu Financial currently has a consensus rating of "Hold" and a consensus price target of $58.80. Discover more Stock Average Calculator EV Market Report Insider transactions at Virtu Financial. In related news, COO Brett Fairclough sold 30,000 shares of the business's stock in a transaction on Friday, May 8th. The shares were sold at an average price of $50.06, for a total transaction of $1,501,800.00. Following the transaction, the chief operating officer owned 42,473 shares of the company's stock, valued at approximately $2,126,198.38. The trade was a 41.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 46.76% of the company's stock. Virtu Financial company profile. Virtu Financial, Inc is a technology-driven electronic trading firm and market maker that provides liquidity and price discovery across a wide range of financial instruments. Leveraging advanced analytics, high-performance computing and proprietary algorithms, Virtu operates in equities, fixed income, foreign exchange, commodities and derivative products. Its technology platform is designed to capture bid-ask spreads in real time, manage risk through automated controls and adapt to changing market conditions. The company offers a suite of execution services and market-making solutions to institutional clients such as asset managers, banks, broker-dealers and hedge funds. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Virtu Financial, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Virtu Financial wasn't on the list. While Virtu Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. 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Virtu Financial posts strong Q2 2026, boosts Trading Income by 31%. Virtu Financial reported Q2 2026 revenues up 19% to $1.19 billion, with trading income surging 31% and the board declaring a $0.24 per share dividend. Virtu Financial, Inc. (NYSE: VIRT) reported robust second quarter 2026 results on July 30, with total revenues climbing 19.0% year over year to $1,190.0 million, up from $999.6 million in the same period last year. The New York based market maker and execution services provider posted net income of $284.9 million for the quarter, slightly below the $293.0 million recorded in Q2 2025. Basic and diluted earnings per share came in at $1.63, compared to $1.65 a year earlier. On a normalized basis, Adjusted EPS rose to $1.82 from $1.53, while Normalized Adjusted Net Income increased 19.4% to $291.5 million. Trading income, net, was a standout performer, surging 31.2% to $856.7 million versus $652.8 million in the prior year quarter. Adjusted Net Trading Income also grew, up 26.4% to $717.9 million. Adjusted EBITDA rose 18.2% to $436.8 million, with an Adjusted EBITDA Margin of 60.8%. The company's Market Making segment continued to drive performance, generating $1,009.2 million in total revenues, while Execution Services contributed $173.5 million. Virtu's Board of Directors declared a quarterly cash dividend of $0.24 per share, payable September 15, 2026 to shareholders of record as of September 1, 2026. As of June 30, 2026, Virtu held $1,133.0 million in cash, cash equivalents and restricted cash, alongside total long term debt of $2,051.1 million.
Virtuglobe profits jump 206% to 1.72 billion dirhams in 6 months 28 July 2026 09:33 AM | Last update: 28 July 10:20 2026 Minutes reading - 1 Virtuglobe: first-half revenues 7.4 billion dirhams (+59%) and net profit 1.726 billion (+206%) and proposed dividends of 551 million dirhams October 2026 Virtuglobe announced its financial results for the second quarter and first half of 2026. Net profit rose to 1.726 billion dirhams ($470.2 million), up 206% compared to 564.09 million dirhams ($153.6 million) during the same period last year. Virtuglobe achieved revenues during the first half of 7.4 billion dirhams ($2 billion), an increase of 59% year-on-year, and adjusted EBITDA increased by 63% year-on-year to 2.6 billion dirhams ($713 million), and adjusted net profit attributable to shareholders rose to 1.1 billion dirhams ($289 million), an increase of 3.4 times year-on-year. The company proposed distributing dividends for the first half of no less than 551 million dirhams, subject to board approval in September and payment in October 2026.
INVESTOR ALERT: Pomerantz law Firm reminds investors with losses on their investment in Genius group limited of class action lawsuit and upcoming deadlines - GNS. NEW YORK, July 28, 2026 (GLOBE NEWSWIRE) - Pomerantz LLP announces that a class action lawsuit has been filed on behalf of investors in Genius securities, alleging violations of the federal securities laws by Citadel Securities LLC ("Citadel") and Virtu Americas LLC ("Virtu" and, together with Citadel, the "Defendants"). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether the Defendants and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until August 28, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Genius securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com. The complaint alleges that throughout the Class Period, Defendants engaged in a manipulative and illegal trading practice known as "spoofing," which involves submitting and then cancelling buy or sell orders without any genuine intent to execute them. The purpose of these "baiting orders" was to mislead other market participants about the true level of supply and demand for Genius securities, or about the stock's price volatility, thereby influencing the market price of Genius to benefit Defendants' own trading positions. The alleged manipulation also increased investors' transaction costs by inflating the bid-ask spread for Genius stock. Defendants entered thousands of these baiting orders on U.S. stock exchanges to create the false impression that Genius's stock price reflected genuine supply-and-demand and volatility dynamics, while simultaneously profiting by absorbing and reselling their customers' order flow at prices favorable to Defendants. The complaint further alleges that throughout the Class Period, sharp declines in Genius's stock price consistently coincided with substantial spikes in Defendants' spoofing activity. For example, during the week of February 10, 2025, Defendants built significant short positions in Genius stock and reaped substantial trading profits: Citadel traded more than 23 million shares of Genius off-exchange, accounting for nearly half of all off-exchange trading in the stock, while Virtu traded nearly 11 million shares, accounting for more than 20% of all off-exchange trading. Together, Defendants comprised nearly 70% of all off-exchange trading in Genius stock that week, as short volume surged from a low of 53% to more than 61%. As a result, Genius's stock price decline by 22% despite the absence of any new material, company-specific news. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Virtu Financial joins BitGo Prime network as institutional crypto liquidity moves onto regulated rails. Virtu Financial has joined BitGo Prime's global liquidity network, bringing a major traditional market maker into BitGo's institutional digital asset trading stack. Separating Custody From Execution The partnership also splits two functions that are typically bundled on centralised crypto exchanges: custody and execution. BitGo's custody and settlement infrastructure now pairs with Virtu's liquidity provision. Under the arrangement, BitGo provides qualified custody and settlement; Virtu provides liquidity and pricing. Assets can remain in custody while execution routes through a separate liquidity network. Scotte Moegling, head of business development for digital assets at Virtu, said the partnership lets the firm offer institutional clients "the competitive pricing they have come to expect across other asset classes." The comment was included in the July 15 release. Virtu Financial Ireland holds MiCA authorisation. The licence gives it passporting rights to provide liquidity and trading services across the EU's 27 member states; it was publicly disclosed on June 2, 2026. BitGo Europe has held a MiCAR licence from BaFin since May 2025, covering custody and settlement. Other Banks are Building Similar Infrastructure Standard Chartered is separately planning to launch a crypto prime brokerage. The service would be housed within its venture unit SC Ventures, according to people familiar with the matter cited by Bloomberg. While the discussions are at an early stage, and a launch date has not been set, the bank has already backed crypto custodian Zodia Custody and trading platform Zodia Markets. In July, it became the first global systemically important bank to offer spot crypto trading to institutional clients. The BitGo-Virtu partnership points to the same pattern: custody and execution infrastructure for institutional crypto is increasingly being built by firms with existing regulatory standing in traditional markets, not by crypto-native platforms alone. Virtu disclosed preliminary second-quarter results alongside the July 15 announcement: expected net income of $285 million and adjusted net trading income of $718 million, equivalent to roughly $11.6 million per trading day.