Virtu Never Loses (Well, Almost Never)

Virtu Never Loses (Well, Almost Never) in Quest to Upend Markets - Bloomberg

[B]The consistency with which Virtu earns a profit is almost beyond belief. From 2009 to 2014 it lost money on only one day. (The aberration happened when it missed a special dividend payment for a stock, throwing off its model and causing a seven-figure loss.) In 2014, the last year it disclosed its daily win-loss ratio, Virtu was in the black every day, generating revenue of $723.1 million and net income of $190.1 million.[/B]

Very interesting article.

I wonder how they’re doing now. :slight_smile: