Investment Banking

HFT firm Virtu partners with JP Morgan

Technology pioneered by high-frequency trading firms is increasingly being used by Wall Street firms to buy and sell in the lightning-fast markets.

Virtu CEO Douglas Cifu (third from left) at the HFT's IPO in 2015
Virtu CEO Douglas Cifu (third from left) at the HFT's IPO in 2015 Photo: Getty Images

Technology pioneered by high-frequency trading firms is increasingly being used by Wall Street firms to buy and sell in the lightning-fast markets.

Virtu Financial, one of the world's largest electronic market-makers, announced on Wednesday it is joining with JP Morgan to help the bank trade more efficiently in the US treasury market.

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