Virtu Financial Inc (NAS:VIRT)
$ 36.61 -0.34 (-0.92%) Market Cap: 3.15 Bil Enterprise Value: 9.24 Bil PE Ratio: 18.40 PB Ratio: 2.57 GF Score: 63/100

Virtu Financial Inc at Piper Sandler Global Exchange and FinTech Conference (Virtual) Transcript

Jun 03, 2020 / 06:00PM GMT
Release Date Price: $21.9 (-3.57%)
Richard Henry Repetto
Piper Sandler & Co., Research Division - MD & Senior Research Analyst

Welcome back to Piper Sandler's Global Exchange and Financial Technology Conference. We're pleased to welcome our next speaker, Doug Cifu of Virtu. He co-founded the company back in 2008, has been the leader since it's been a public company, had a phenomenal first quarter. I guess I can say that. Doug doesn't like to brag about it as much or talk about, but a phenomenal first quarter.

So I guess, first, welcome.

Questions & Answers

Richard Henry Repetto
Piper Sandler & Co., Research Division - MD & Senior Research Analyst

And then first question would be market disruptions happen every year to 2 years or so. So how does this compare to Brexit, the Trump election, the Swiss National Bank decoupling. How would you characterize what happened in the first quarter?

Douglas A. Cifu
Virtu Financial, Inc. - CEO & Director

Yes. Great. Thank you, Rich, and thank you very much for having me,

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