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Virtu Financial's (VIRT) CEO Douglas Cifu on Q1 2018 Results - Earnings Call Transcript

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Virtu Financial, Inc. (NASDAQ:VIRT) Q1 2018 Results Earnings Conference Call May 4, 2018 7:30 AM ET


Andrew Smith - IR

Douglas Cifu - CEO

Joseph Molluso - CFO


Rich Repetto - Sandler O’Neil

Alex Kramm - UBS

Chris Allen - Rosenblatt

Ken Worthington - JP Morgan

Kaimon Chung - Evercore ISI


Good morning. My name is Chris, and I will be your conference operator today. At this time, I would like to welcome everyone to the Virtu Financial 2018 Q1 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]. Thank you.

Andrew Smith, Investor Relations, you may begin your conference.

Andrew Smith

Thank you, Chris. Good morning everyone and thank you for joining this call. As you know, our first quarter results were released this morning and are available on our website. Speaking and answering your questions today are Mr. Douglas Cifu, our Chief Executive Officer, and Mr. Joseph Molluso, our Chief Financial Officer. They will begin with prepared remarks and then take your questions.

Today's call may include forward-looking statements, which represent Virtu's current belief regarding future events and are therefore subject to risks, assumptions and uncertainties, which maybe outside the company's control, and our actual results and financial condition may differ materially from what is indicated in these forward-looking statements. We refer you to disclaimers in our press release and encourage you to review the description of risk factors contained in our Annual Report and Form 10-K and other filings with the Securities and Exchange Commission.

It is important to note that any forward-looking statements made on this call are based on information presently available to the company and we do not undertake to update or revise any

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