VIRT
Virtu Financial, Inc.
NYSEUSDEQUITY
Financial Services
DELAYED
Strong buy
+60/100
Last price
61.62
▼ 1.26 (2.00%)
MARKET · —
Price
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Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
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Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
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Range —
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Open
—
Prev close
62.88
Day high
63.69
Day low
61.48
Volume
1.44M
Market cap
$5.44B
P/E (TTM)
10.44
52W range
31.55 – 68.76
Trailing performance
Returnvs SPY
1W
+14.64%
+12.7%
1M
-4.36%
-5.5%
3M
-4.12%
-8.6%
6M
+29.29%
+11.1%
YTD
+84.93%
+70.7%
1Y
+83.17%
+66.8%
3Y
+256.80%
+174.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on VIRT open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+189.69K
Net buying
Buy transactions
12
247.65K shares
Sell transactions
5
57.95K shares
Net transactions
+17
Buys less sells
Sell : buy shares
0.2 : 1
Mixed
Insider-held shares
4.60M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 20, 26 | VIRTU EMPLOYEE HOLDCO, L.L.C. Beneficial Owner of more than 10% of a Class of Security |
CONVERSION | 200.00K | $12.24M | Direct |
| Aug 19, 26 | NIXON JOHN D Director |
STOCK | 1.31K | $78.69K | Direct |
| Aug 19, 26 | GRANO JOSEPH J JR Director |
SELL | 8.40K | $511.86K | Direct |
| Aug 18, 26 | GAMBALE VIRGINIA Director |
SELL | 6.46K | $400.52K | Direct |
| Aug 17, 26 | NIXON JOHN D Director |
SELL | 9.09K | $546.82K | Direct |
| Jul 31, 26 | LEE CINDY Chief Financial Officer |
— | 11.67K | — | Direct |
| Jul 1, 26 | MOLLUSO JOSEPH President |
— | 7.53K | — | Direct |
| Jul 1, 26 | NIXON JOHN D Director |
— | 3.39K | — | Direct |
| Jul 1, 26 | URBAN DAVID Director |
— | 3.39K | — | Direct |
| Jul 1, 26 | VIOLA MICHAEL T Director and Beneficial Owner of more than 10% of a Class of Security |
— | 3.39K | — | Direct |
| Jul 1, 26 | CRUGER WILLIAM FRANK JR Director |
— | 3.39K | — | Direct |
| Jul 1, 26 | MINIERI JOANNE M Director |
— | 3.39K | — | Direct |
| Jul 1, 26 | GRANO JOSEPH J JR Director |
— | 3.39K | — | Direct |
| Jul 1, 26 | QUICK CHRISTOPHER C Director |
— | 3.39K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
CAVOLI STEPHEN |
Officer | 116.19K | Sale |
CIFU DOUGLAS A |
Chief Executive Officer | 788.06K | Sale |
CRUGER WILLIAM FRANK JR |
Director | 67.78K | Conversion of Exercise of derivative security |
FAIRCLOUGH BRETT |
President | 42.47K | Sale |
MOLLUSO JOSEPH |
President | 330.13K | Conversion of Exercise of derivative security |
QUICK CHRISTOPHER C |
Director | 61.20K | Conversion of Exercise of derivative security |
SIMONS AARON WYATT |
Chief Executive Officer | 85.61K | Conversion of Exercise of derivative security |
TJMT HOLDINGS, L.L.C. |
Beneficial Owner of more than 10% of a Class of Security | — | Conversion of Exercise of derivative security |
URBAN DAVID |
Director | 45.04K | Conversion of Exercise of derivative security |
VIOLA MICHAEL T |
Director and Beneficial Owner of more than 10% of a Class of Security | 124.50K | Conversion of Exercise of derivative security |
Fundamentals
Market cap$5.44B
Enterprise value$-6.10B
Revenue (TTM)$3.26B
Gross profit$2.15B
EBITDA—
Net income$518.22M
EPS (TTM)$5.90
Free cash flow—
Total cash$21.65B
Total debt$9.65B
Book value / share$21.17
Shares outstanding88.30M
Float83.51M
Short % of float5.52%
Dividend yield1.56%
Beta (5Y)0.65
Valuation & profitability ratios
Trailing P/E10.44
Forward P/E8.65
PEG ratio—
Price / sales—
Price / book2.91
EV / revenue-1.87
EV / EBITDA—
Gross margin65.79%
Operating margin36.32%
Profit margin16.87%
Return on equity53.62%
Return on assets4.54%
Debt / equity415.02
Current ratio1.11
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $3.63B | $2.88B | $2.29B | $2.36B | +26.2% |
| Operating revenue | $3.56B | $2.80B | $2.22B | $2.32B | +27.2% |
| Cost of revenue | $1.30B | $1.11B | $902.40M | $1.01B | +17.0% |
| Gross profit | $2.33B | $1.77B | $1.39B | $1.35B | +32.1% |
| Selling, general & admin | $249.21M | $236.45M | $230.76M | $219.50M | +5.4% |
| Total operating expense | $458.68M | $449.74M | $457.00M | $436.79M | +2.0% |
| Operating income | $1.88B | $1.32B | $933.98M | $917.91M | +42.3% |
| Net interest income | -$786.82M | -$656.46M | -$608.08M | -$353.00M | -19.9% |
| Pre-tax income | $1.09B | $644.97M | $325.13M | $556.80M | +69.7% |
| Tax provision | $182.06M | $110.44M | $61.21M | $88.47M | +64.9% |
| Net income | $468.36M | $276.42M | $142.04M | $265.03M | +69.4% |
| Net income to common | $437.76M | $260.39M | $133.88M | $255.22M | +68.1% |
| Basic EPS | 5.14 | 2.98 | 1.42 | 2.45 | +72.5% |
| Diluted EPS | 5.13 | 2.97 | 1.42 | 2.44 | +72.7% |
| EBIT | $1.87B | $1.27B | $924.89M | $879.89M | +47.4% |
| EBITDA | $1.99B | $1.39B | $1.05B | $1.01B | +43.1% |
| Basic shares | 85.22M | 87.48M | 94.08M | 104.00M | -2.6% |
| Diluted shares | 85.32M | 87.82M | 94.08M | 104.42M | -2.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.06B | $872.51M | $820.44M | $981.58M | +21.7% |
| Cash & short-term investments | $1.06B | $872.51M | $820.44M | $981.58M | +21.7% |
| Accounts receivable | $2.06B | $1.25B | $843.97M | $1.20B | +64.6% |
| Total current assets | $3.18B | $2.17B | $1.70B | $2.23B | +46.8% |
| Property, plant & equipment | $310.08M | $266.46M | $329.86M | $272.64M | +16.4% |
| Goodwill & intangibles | $1.30B | $1.35B | $1.41B | $1.47B | -3.6% |
| Total assets | $20.15B | $15.36B | $14.47B | $10.58B | +31.2% |
| Total current liabilities | $1.89B | $1.76B | $1.86B | $1.01B | +7.3% |
| Current debt | $12.38M | $38.54M | $1.80B | $3.94M | -67.9% |
| Long-term debt | $8.70B | $6.77B | $4.85B | $3.48B | +28.6% |
| Total debt | $8.98B | $7.04B | $5.13B | $3.73B | +27.6% |
| Total liabilities | $18.18B | $13.87B | $13.06B | $8.93B | +31.0% |
| Retained earnings | $1.52B | $1.17B | $1.00B | $972.32M | +30.0% |
| Shareholder equity | $1.58B | $1.25B | $1.20B | $1.34B | +26.2% |
| Working capital | $1.30B | $409.82M | -$159.28M | $1.22B | +216.3% |
| Net tangible assets | $278.42M | -$97.94M | -$203.72M | -$128.51M | +384.3% |
| Shares issued | 140.88M | 137.48M | 134.90M | 133.07M | +2.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $912.26M | $534.53M | $263.92M | $468.33M | +70.7% |
| Depreciation & amortisation | $111.55M | $116.29M | $127.27M | $131.21M | -4.1% |
| Stock-based compensation | $100.40M | $75.47M | $63.93M | $67.22M | +33.0% |
| Change in working capital | -$570.06M | -$140.06M | $17.44M | -$3.83M | -307.0% |
| Operating cash flow | $518.39M | $598.99M | $491.78M | $706.80M | -13.5% |
| Capital expenditure | -$63.50M | -$54.31M | -$76.13M | -$64.86M | -16.9% |
| Investing cash flow | -$40.62M | -$61.85M | -$94.48M | -$29.53M | +34.3% |
| Share buybacks | -$190.36M | -$191.14M | -$230.58M | -$488.80M | +0.4% |
| Dividends paid | -$349.35M | -$299.40M | -$306.14M | -$375.28M | -16.7% |
| Financing cash flow | -$281.05M | -$469.56M | -$585.03M | -$735.75M | +40.1% |
| Free cash flow | $454.89M | $544.68M | $415.65M | $641.94M | -16.5% |
| End cash position | $1.13B | $913.99M | $855.46M | $1.04B | +23.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $1.19B | $1.10B | $969.89M | $824.79M | $999.57M | +8.6% |
| Operating revenue | $1.18B | $1.10B | $966.18M | $810.96M | $935.06M | +7.1% |
| Cost of revenue | $475.67M | $347.18M | $282.40M | $335.93M | $338.31M | +37.0% |
| Gross profit | $714.28M | $748.14M | $687.49M | $488.86M | $661.27M | -4.5% |
| Selling, general & admin | $69.71M | $66.88M | $65.19M | $62.77M | $61.44M | +4.2% |
| Total operating expense | $129.32M | $124.16M | $119.43M | $114.87M | $114.73M | +4.2% |
| Operating income | $584.96M | $623.98M | $568.06M | $374.00M | $546.54M | -6.3% |
| Net interest income | -$241.57M | -$214.43M | -$223.97M | -$200.50M | -$199.45M | -12.7% |
| Pre-tax income | $342.56M | $409.57M | $343.58M | $179.99M | $347.02M | -16.4% |
| Tax provision | $57.63M | $62.98M | $62.98M | $30.94M | $54.04M | -8.5% |
| Net income | $150.90M | $182.31M | $139.87M | $77.63M | $151.19M | -17.2% |
| Net income to common | $143.13M | $171.71M | $130.79M | $72.60M | $141.06M | -16.6% |
| Basic EPS | 1.63 | 1.99 | 1.54 | 0.86 | 1.65 | -18.1% |
| Diluted EPS | 1.63 | 1.99 | 1.54 | 0.86 | 1.65 | -18.1% |
| EBIT | $582.65M | $622.34M | $565.92M | $378.98M | $544.78M | -6.4% |
| EBITDA | $612.82M | $650.56M | $595.17M | $406.16M | $572.18M | -5.8% |
| Basic shares | 87.60M | 86.09M | 84.91M | 84.80M | 85.49M | +1.8% |
| Diluted shares | 87.60M | 86.09M | 84.91M | 84.80M | 85.53M | +1.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.07B | $973.23M | $1.06B | $707.87M | $752.10M | +9.9% |
| Cash & short-term investments | $1.07B | $973.23M | $1.06B | $707.87M | $752.10M | +9.9% |
| Accounts receivable | $3.52B | $4.11B | $2.06B | $2.83B | $1.70B | -14.4% |
| Total current assets | $4.65B | $5.14B | $3.18B | $3.58B | $2.49B | -9.5% |
| Property, plant & equipment | $325.02M | $304.89M | $310.08M | $239.25M | $248.99M | +6.6% |
| Goodwill & intangibles | $1.28B | $1.29B | $1.30B | $1.32B | $1.33B | -0.9% |
| Total assets | $27.48B | $25.12B | $20.15B | $21.27B | $19.28B | +9.4% |
| Total current liabilities | $2.59B | $2.36B | $1.89B | $2.68B | $2.25B | +9.9% |
| Current debt | $353.94M | $154.97M | $12.38M | $121.99M | $251.75M | +128.4% |
| Long-term debt | $10.17B | $9.75B | $8.70B | $8.03B | $8.48B | +4.3% |
| Total debt | $10.78B | $10.16B | $8.98B | $8.35B | $8.94B | +6.1% |
| Total liabilities | $25.15B | $22.92B | $18.18B | $19.57B | $17.65B | +9.7% |
| Retained earnings | $1.75B | $1.62B | $1.52B | $1.40B | $1.36B | +7.8% |
| Shareholder equity | $1.87B | $1.73B | $1.58B | $1.45B | $1.41B | +7.7% |
| Working capital | $2.06B | $2.78B | $1.30B | $900.18M | $234.92M | -26.0% |
| Net tangible assets | $587.47M | $442.90M | $278.42M | $139.29M | $79.94M | +32.6% |
| Shares issued | 88.22M | 142.98M | 140.88M | 140.86M | 140.31M | -38.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $284.93M | $346.60M | $280.60M | $149.05M | $292.98M | -17.8% |
| Depreciation & amortisation | $30.17M | $28.21M | $29.25M | $27.18M | $27.40M | +6.9% |
| Stock-based compensation | $33.36M | $34.46M | $29.06M | $26.88M | $22.57M | -3.2% |
| Change in working capital | -$238.13M | -$427.42M | $147.73M | -$255.47M | -$223.85M | +44.3% |
| Operating cash flow | $117.11M | -$149.00K | $509.38M | -$68.73M | $62.77M | +78,696.0% |
| Capital expenditure | -$24.77M | -$31.65M | -$9.41M | -$13.38M | -$11.05M | +21.7% |
| Investing cash flow | -$43.62M | -$36.08M | -$2.84M | -$26.40M | $19.63M | -20.9% |
| Share buybacks | -$2.03M | -$55.79M | -$469.00K | -$30.76M | -$68.64M | +96.4% |
| Dividends paid | -$160.03M | -$114.49M | -$22.66M | -$72.24M | -$159.76M | -39.8% |
| Financing cash flow | $30.80M | -$56.60M | -$136.68M | $63.45M | -$76.14M | +154.4% |
| Free cash flow | $92.33M | -$31.80M | $499.98M | -$82.10M | $51.71M | +390.4% |
| End cash position | $1.13B | $1.03B | $1.13B | $755.41M | $789.81M | +10.0% |
Options analytics
Put / call volume
1.61
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
40.00
-35.1% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-12.5%
Calls bid over puts
Call volume
62
Contracts, this expiry
Put volume
100
Contracts, this expiry
Heaviest call OI
40.00
0 contracts
Heaviest put OI
40.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.78 | 1.82 | +2.2% |
| Mar 2026 | 1.65 | 2.24 | +36.1% |
| Dec 2025 | 1.29 | 1.85 | +43.0% |
| Sep 2025 | 0.93 | 1.05 | +12.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.56 | 6 | $634.10M | +35.8% |
| Next quarter | 1.71 | 6 | $654.60M | +6.7% |
| Current year | 7.31 | 6 | $2.77B | +29.1% |
| Next year | 7.12 | 7 | $2.63B | -5.0% |
Analyst targets & ownership
Mean target$69.57
High target$84.00
Low target$57.00
Implied upside12.90%
Analyst count7
ConsensusBUY
Strong buy / Buy2 / 2
Hold2
Sell / Strong sell1 / 0
Held by insiders5.20%
Held by institutions95.85%
Institutions holding629
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
55.89
+10.26% from price
SMA 20
57.34
+7.47% from price
SMA 50
59.55
+3.47% from price
SMA 100
58.53
+5.28% from price
SMA 200
50.08
+23.05% from price
EMA 12
57.78
+6.64% from price
EMA 26
58.31
+5.67% from price
EMA 50
58.74
+4.91% from price
RSI (14)
58.5
Neutral
MACD (12,26,9)
-0.53
Hist 0.85
ATR (14)
2.42
3.93% of price
Realised vol 30D
42.1%
Annualised
Bollinger upper
64.17
20, 2σ
Bollinger lower
50.50
20, 2σ
50 / 200 cross
Golden
59.55 vs 50.08
Trend bias
Above 200
+23.05%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.40
Less volatile than market
Correlation to SPY
0.14
Largely independent
Realised vol 30D
42.1%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-23.5%
Peak to trough
Max drawdown 5Y
-57.5%
Peak to trough
ATR 14
2.42
3.93% of price
Beta (reported)
0.65
5Y monthly, from filing
Short interest
Shares short
4.60M
Prior 4.93M
Change vs prior
-6.6%
Shorts covering
% of float
5.52%
Normal
% of shares out
5.21%
Against total outstanding
Days to cover
3.2
Liquid
Float
83.51M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 5, 26 | JP Morgan | UPGRADE | Neutral | Overweight |
| Jul 31, 26 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Jul 28, 26 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Jul 15, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Jul 10, 26 | Morgan Stanley | MAINTAINED | Underweight | Underweight |
| Jun 30, 26 | Goldman Sachs | MAINTAINED | Neutral | Neutral |
| Apr 30, 26 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Apr 30, 26 | Goldman Sachs | MAINTAINED | Neutral | Neutral |
| Apr 10, 26 | Morgan Stanley | MAINTAINED | Underweight | Underweight |
| Mar 20, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Jan 30, 26 | Goldman Sachs | MAINTAINED | Neutral | Neutral |
| Jan 22, 26 | Morgan Stanley | MAINTAINED | Underweight | Underweight |
Dividends & splits
Forward rate$0.96 / yr
Forward yield1.56%
5-year avg yield3.11%
Payout ratio15.95%
Ex-dividend dateSep 1, 2026
Next pay dateSep 15, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-21
Periodic Financial Reports
10-Q · 2026-07-31
Corporate Changes & Voting Matters
8-K · 2026-07-30
Corporate Changes & Voting Matters
8-K · 2026-07-23
Corporate Changes & Voting Matters
8-K · 2026-07-14
Corporate Changes & Voting Matters
8-K · 2026-06-10
Corporate Changes & Voting Matters
8-K · 2026-06-09
Periodic Financial Reports
10-Q · 2026-05-01
Headlines
Applied Digital to Post Q1 Earnings: Is It Time to Hold or Fold?
Zacks · 20h ago
Virtu Financial Shares Rise After JPMorgan Upgrade
MT Newswires · 2d ago
3 Exchange Stocks Retail Investors Are Watching as Bond Market Volatility Drives Trading
Simply Wall St. · 2d ago
JPMorgan Upgrades Virtu Financial to Overweight From Neutral, Adjusts PT to $84 From $61
MT Newswires · 2d ago
BofA Securities Raises Price Target on Virtu Financial to $69 From $72, Keeps Buy Rating
MT Newswires · 5d ago
VIRT vs. AXP: Which Stock Should Value Investors Buy Now?
Zacks · 7d ago
Pagaya Trades at a Discount: Is the Stock Worth Investing In?
Zacks · 7d ago
How Virtu Financial's Saudi Exchange POSIT Push Can Support Growth
Zacks · 9d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.