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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents $ 736,047 $ 532,887
Securities borrowed 1,399,684 1,471,172
Securities purchased under agreements to resell 15,475 0
Receivables from broker dealers and clearing organizations 1,101,449 972,018
Trading assets, at fair value:    
Financial instruments owned 1,848,806 2,117,579
Financial instruments owned and pledged 791,115 595,043
Property, equipment and capitalized software (net of accumulated depreciation of $323,718 and $375,656 as of December 31, 2018 and December 31, 2017, respectively) 113,322 137,018
Goodwill 836,583 844,883
Intangibles (net of accumulated amortization of $148,644 and $123,408 as of December 31, 2018 and December 31, 2017, respectively) 83,989 111,224
Deferred tax assets 200,359 125,760
Assets of business held for sale 0 55,070
Other assets ($48,273 and $98,364, at fair value, as of December 31, 2018 and December 31, 2017, respectively) 254,149 357,352
Total assets 7,380,978 7,320,006
Liabilities    
Short-term borrowings 15,128 27,883
Securities loaned 1,130,039 754,687
Securities sold under agreements to repurchase 281,861 390,642
Payables to broker dealers and clearing organizations 567,441 716,205
Trading liabilities, at fair value:    
Financial instruments sold, not yet purchased 2,475,395 2,384,598
Tax receivable agreement obligations 214,403 147,040
Accounts payable and accrued expenses and other liabilities 294,975 358,825
Long-term borrowings 907,037 1,388,548
Total liabilities 5,886,279 6,168,428
Commitments and Contingencies (Note 15)
Virtu Financial Inc. Stockholders' equity    
Treasury stock, at cost, 2,178,771 and 616,923 shares at December 31, 2018 and December 31, 2017, respectively (55,005) (11,041)
Additional paid-in capital 1,010,468 900,746
Retained earnings (accumulated deficit) 96,513 (62,129)
Accumulated other comprehensive income (82) 2,991
Total Virtu Financial Inc. stockholders' equity 1,051,896 830,569
Noncontrolling interest 442,803 321,009
Total equity 1,494,699 1,151,578
Total liabilities and equity 7,380,978 7,320,006
Class A    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) 1 1
Class B    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) 0 0
Class C    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) 0 0
Class D    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) $ 1 $ 1