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Virtu Financial, Inc. (VIRT) Q3 2024 Earnings Call Transcript Summary

Virtu Financial, Inc. (VIRT) Q3 2024 Earnings Call Transcript Summary

Virtu Financial, Inc. (VIRT) 2024年第三季度業績會電話交流摘要
富途資訊 ·  10/25 03:48  · 電話會議

The following is a summary of the Virtu Financial, Inc. (VIRT) Q3 2024 Earnings Call Transcript:

以下是virtu金融公司(VIRT)2024年第三季度業績會交易內容摘要:

Financial Performance:

金融業績:

  • Virtu Financial reported adjusted EPS of $0.82 for Q3 2024.

  • Adjusted net trading income was $6.1 million per day, with a 55% EBITDA margin and total EBITDA of $215 million.

  • Market Making adjusted net trading income was $288 million, Execution Services adjusted net trading income was $100 million.

  • Total trading capital at the end of Q3 stood at $1.8 billion.

  • Virtu金融報告2024年第三季度調整後每股收益爲$0.82。

  • 調整後的淨交易收入爲每天$610萬,EBITDA毛利率爲55%,總EBITDA爲$21500萬。

  • 做市調整後的淨交易收入爲$28800萬,執行服務調整後的淨交易收入爲$10000萬。

  • 第三季度結束時的總交易資本達到$18億。

Business Progress:

業務進展:

  • Strong performance in crypto options and ETF block trading.

  • Expansion efforts in the Middle East, India, and Japan.

  • Implementation of Virtu Technology Solutions (VTS) to distribute scale technology to broker-dealers.

  • Development and adoption of a new switcher algorithm with machine learning for trade execution.

  • 在加密期權和etf區塊交易方面表現強勁。

  • 在中東,印度和日本的擴張努力。

  • 通過Virtu Technology Solutions(VTS)的實施,向經紀商分發規模化技術。

  • 採用具有機器學習的新切換算法進行交易執行的開發和採用。

Opportunities:

機會:

  • Continued growth in ETFs and crypto market making, especially with the introduction of Ethereum ETFs and upcoming U.S. options on crypto ETFs.

  • Expansion of Virtu Execution Services with new client wins and growing adoption of VTS.

  • Focusing on regions and segments previously underpenetrated, like Japan and India.

  • 在ETF和加密市場製造方面持續增長,特別是隨着以太幣ETF的推出和即將推出的美國加密ETF期權。

  • 通過新的客戶贏得和對VTS的不斷採用,擴展Virtu Execution Services。

  • 專注於之前未充分滲透的地區和細分市場,如日本和印度。

Risks:

風險:

  • Experienced a decline in Bitcoin ETF trading volumes which impacted sequential ANTI growth.

  • Preliminary September 605 reports indicating a significant reduction in quoted spread opportunities, which might affect profitability in market making.

  • 比特幣etf交易量下降,影響了順差ANTI增長。

  • 初步的9月605報告顯示,報價點差機會顯著減少,可能影響做市盈利能力。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。

譯文內容由第三人軟體翻譯。


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