** Shares of market maker Virtu Financial VIRT.O climb 5.1% to $40.92 premarket
** VIRT posts Q4 adjusted profit of $1.14/shr, beating Wall Street expectations of 89 cents/shr - data compiled by LSEG
** Q4 total revenue jumps 55.7% to $834.3 mln, driven by strong growth in trading income
** Trading income more than doubled to $544 mln for the quarter from a year earlier, thanks to stronger global equities volumes
** Q4 was the best quarter since Q1 2022 for Virtu's execution services arm, which houses its trading business
** VIRT stock soared 76% in 2024
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.