1 Reason Virtu Financial Is Beating the Market

1 Reason Virtu Financial Is Beating the Market

This year has been particularly rough for financial stocks, as evidenced by the underwhelming performance of the Financial Select Sector SPDR Fund (NYSEMKT: XLF), which is down nearly 25% year to date. Stock exchanges have fared better, and one company integral to the exchanges has seen its stock do extremely well, rising almost 58% year to date. Virtu Financial (NASDAQ: VIRT) is one of the leading high-frequency trading firms.