Alexander Osipovich

Shares of Virtu Financial slumped 9.5% in morning trading after the electronic trading giant reported weaker-than-expected fourth-quarter earnings. When markets are more placid, firms like Virtu don't earn as much money from market-making—the business of continually buying and selling stocks throughout the day, and capturing the spread between the buying and selling prices. Virtu's adjusted net trading income for the fourth quarter, which includes market-making, averaged $4.1 million a day, the lowest level since 2019, before the Covid-19 pandemic unleashed a frenzy of volatility.

Shares of Virtu Financial slumped Thursday after the electronic trading giant reported weaker-than-expected fourth-quarter earnings. The shares were recently down nearly 10% in afternoon trading. Virtu's performance suffered from a slowdown in volatility in late 2023.

Financial firms embrace the crypto subculture Listen to firms on Wall Street these days, and you might think you're knocking down beers with a gaggle of crypto bros.

More banks are backing Nasdaq Private Market, a trading platform for shares in companies that haven't yet gone public. UBS, Wells Fargo and BNP Paribas are among the new investors in Nasdaq Private Market, the venture said as it announced the closing of a $62.

What makes the cryptocurrency different from just about any other commodity is its tightly constrained supply.

ビットコインが他の商品と異なるのは、供給が厳しく制限されていることだ。最近の記録的な高騰は、需要と供給の法則によるものだとされる。

Creditors say FTX's post-chapter 11 management team missed an opportunity to create a valuable business from the ashes of the cryptocurrency exchange.

‘What the hell was going on?' Comprehending their ex-boss's crimes proves a challenge.

The crypto exchange's collapse is still a source of anger and frustration for many onetime customers, more than a year later.

The decision was the latest in a series of federal court wins bolstering regulators’ efforts to force the freewheeling industry to comply with the same laws that govern the stock and bond markets.