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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Class A Common Stock
Common Stock
Class A Common Stock
Common Stock
Class C Common Stock
Common Stock
Class D Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Total Virtu Financial Inc. Stockholders' Equity
Noncontrolling Interest
Balance at beginning period (in shares) at Dec. 31, 2018     108,955,048 13,749,886 69,091,740 2,178,771          
Balance at beginning of period at Dec. 31, 2018 $ 1,494,699   $ 1 $ 0 $ 1 $ (55,005) $ 1,010,468 $ 96,513 $ (82) $ 1,051,896 $ 442,803
Increase (decrease) in stockholder's/members' equity                      
Share based compensation (in shares)     2,226,676                
Share based compensation 72,381           72,381     72,381  
Repurchase of Class C common stock (in shares)       (9,541)              
Repurchase of Class C common stock (196)           (196)     (196)  
Treasury stock purchases (in shares)     (720,323)     0          
Treasury stock purchases (15,878)         $ 0   (15,878)   (15,878)  
Stock options exercised (in shares)     121,344                
Stock options exercised 931           931     931  
Net Income (loss) (103,705)             (58,595)   (58,595) (45,110)
Foreign exchange translation adjustment (1,475)               (565) (565) (910)
Net change in unrealized cash flow hedges gains (losses) 0                    
Dividends (211,635)             (112,414)   (112,414) (99,221)
Issuance of common stock in connection with employee exchanges (in shares)     853,167                
Issuance of common stock in connection with secondary offering, net of offering costs (in shares)     9,000,000   (9,000,000)            
Issuance of Common Stock in connection with secondary offering, net of offering costs (375)           (375)     (375)  
Repurchase of virtu financial units and corresponding number of Class C common stock in connection with employee exchanges (in shares)       (853,167)              
Issuance of tax receivable agreements in connection with employee exchange (5,811)           (5,811)     (5,811)  
Balance at end of period (in shares) at Dec. 31, 2019     120,435,912 12,887,178 60,091,740 2,178,771          
Balance at end of period at Dec. 31, 2019 1,228,936   $ 1 $ 0 $ 1 $ (55,005) 1,077,398 (90,374) (647) 931,374 297,562
Increase (decrease) in stockholder's/members' equity                      
Share based compensation (in shares)     2,489,483                
Share based compensation 56,629           56,629     56,629  
Repurchase of Class C common stock 0           0     0  
Treasury stock purchases (in shares)     (867,984)     (1,436,326)          
Treasury stock purchases (49,864)         $ (33,918)   (15,946)   (49,864)  
Stock options exercised (in shares)     909,627                
Stock options exercised 16,440           16,440     16,440  
Warrants issued 11,488           11,488     11,488  
Net Income (loss) 1,120,913             649,197   649,197 471,716
Foreign exchange translation adjustment 15,318               8,604 8,604 6,714
Net change in unrealized cash flow hedges gains (losses) (59,019)               (33,444) (33,444) (25,575)
Dividends (484,415)             (120,496)   (120,496) (363,919)
Issuance of common stock in connection with employee exchanges (in shares)     2,660,239                
Repurchase of virtu financial units and corresponding number of Class C common stock in connection with employee exchanges (in shares)       (2,660,239)              
Issuance of tax receivable agreements in connection with employee exchange (1,388)           (1,388)     (1,388)  
Balance at end of period (in shares) at Dec. 31, 2020     125,627,277 10,226,939 60,091,740 3,615,097          
Balance at end of period at Dec. 31, 2020 1,855,038   $ 1 $ 0 $ 1 $ (88,923) 1,160,567 422,381 (25,487) 1,468,540 386,498
Increase (decrease) in stockholder's/members' equity                      
Share based compensation (in shares)     2,434,251                
Share based compensation 55,654           55,654     55,654  
Repurchase of Class C common stock (in shares)       (120,025)              
Repurchase of Class C common stock (3,455) $ (16,100)         (3,455)     (3,455)  
Treasury stock purchases (in shares)     (840,229)     (14,711,766)          
Treasury stock purchases (427,453) $ (439,100)       $ (405,152)   (22,301)   (427,453)  
Stock options exercised (in shares)     528,497                
Warrants exercised (in shares)     3,000,000                
Warrants exercised 68,940             68,940   68,940  
Stock options exercised 10,042           10,042     10,042  
Net Income (loss) 827,234             476,878   476,878 350,356
Foreign exchange translation adjustment (12,470)               (7,673) (7,673) (4,797)
Net change in unrealized cash flow hedges gains (losses) 37,794               22,964 22,964 14,830
Dividends (548,017)             (115,360)   (115,360) (432,657)
Issuance of common stock in connection with employee exchanges (in shares)     747,849                
Repurchase of virtu financial units and corresponding number of Class C common stock in connection with employee exchanges (in shares)       (747,849)              
Issuance of tax receivable agreements in connection with employee exchange 311           311     311  
Balance at end of period (in shares) at Dec. 31, 2021     131,497,645 9,359,065 60,091,740 18,326,863          
Balance at end of period at Dec. 31, 2021 $ 1,863,618   $ 1 $ 0 $ 1 $ (494,075) $ 1,223,119 $ 830,538 $ (10,196) $ 1,549,388 $ 314,230