Currencies bolster Virtu's rise in trading income
Q1 results show increase greater than 100%
Currency trading represented almost 30% of Virtu Financial's daily average trading income and was the largest contributing asset class, according to the alternative market-maker's first quarterly earnings figures.
Virtu became a listed company after its initial public offering in April and published its first results on May 6. The firm reported a pre-tax income of $80 million for the quarter; an increase of 60% on its figure for the same period of 2014.
Currency trading income totalled $42
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