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VIRTU FINANCIAL Virtu Announces First Quarter 2021 Results Authorizes Additional $ 300 Million Share Repurchase NEW YORK , NY , May 4 , 2021 - Virtu Financial , Inc. ( NASDAQ : VIRT ) , a leading provider of financial services and products that leverages cutting edge technology to deliver innovative , transparent trading solutions to its clients and liquidity to the global markets , today reported results for the first quarter ended March 31 , 2021 . First Quarter 2021 : Net income of $ 409.2 million ; record Normalized Adjusted Net Income¹ of $ 401.6 million Basic earnings per share of $ 1.91 and diluted earnings per share of $ 1.89 ; Normalized Adjusted EPS¹ of $ 2.04 Record total revenues of $ 1,012.6 million ; Trading income , net , of $ 812.7 million ; Adjusted Net Trading Income¹ of $ 728.0 million Adjusted EBITDA¹ of $ 564.7 million ; record Adjusted EBITDA Margin¹ of 77.6 % " Our remarkable quarter was highlighted by record performance in Virtu Execution Services and robust results in our market making business , which combined to generate a record 77.6 % Adjusted EBITDA Margin in the first quarter , ” said Douglas Cifu , CEO of Virtu Financial . “ These results are consistent with our impressive performance in the first half of 2020 and reflect both the success of our organic growth initiatives and the new level of market activity as driven by continued secular trends in the marketplace . To reflect this performance , and consistent with our long - term strategy of delivering value to our shareholders , our Board of Directors has authorized an additional $ 300 million in share repurchases . " The Virtu Financial , Inc. Board of Directors declared a quarterly cash dividend of $ 0.24 per share . This dividend is payable on June 15 , 2021 to shareholders of record as of June 1 , 2021 . Note 1 : Non - GAAP financial measures . Please see " Non - GAAP Financial Measures and Other Items " for more information . Page 1