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Virtu Financial, Inc. (VIRT)
After hours:
- Reuters
Brokerages jump on report SEC stops short of banning PFOF deals
The SEC may still enact other changes that make the practice less profitable, Bloomberg News reported on Thursday, citing people familiar with the matter. Retail brokers route most customer orders via wholesale brokers than exchanges, as wholesalers generally offer a slightly better price.
- CoinDesk
Wall Street Titans' New Crypto Exchange Aims to Seriously Cut Costs for Investors
A new cryptocurrency exchange forged by some of Wall Street's biggest players has ambitious plans to dramatically reduce how much traders pay to buy and sell digital assets. It will initially focus on only a "handful" of tokens including bitcoin (BTC) that its lawyers are confident aren't securities – thus avoiding a regulatory drama still playing out in Washington. The firm, EDX Markets, is backed by the two largest U.S. retail brokers, Charles Schwab (SCHW) and Fidelity Investments (through its digital-assets arm).
- Simply Wall St.
Virtu Financial (NASDAQ:VIRT) Has Announced A Dividend Of $0.24
Virtu Financial, Inc.'s ( NASDAQ:VIRT ) investors are due to receive a payment of $0.24 per share on 15th of September...
