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VIRTU FINANCIAL Virtu Announces Third Quarter 2021 Results Authorizes Additional $ 750 Million Share Repurchase NEW YORK , NY , November 3 , 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 third quarter ended September 30 , 2021 . Third Quarter 2021 : Net income of $ 123.1 million ; Normalized Adjusted Net Income¹ of $ 132.2 million Basic and diluted earnings per share of $ 0.59 ; Normalized Adjusted EPS¹ of $ 0.70 Total revenues of $ 544.3 million ; Trading income , net , of $ 394.3 million ; Adjusted Net Trading Income¹ of $ 354.4 million Adjusted EBITDA¹ of $ 210.7 million ; Adjusted EBITDA Margin¹ of 59.5 % Share buybacks of $ 138.9 million , or 5.4 million shares , under the Share Repurchase Program² " This quarter exemplifies Virtu's diversified and resilient product and services offerings , as we delivered $ 0.70 per share for shareholders even in an ordinary environment for market makers . Our long - term plan is on - target as we continue to prioritize our platform , maintain our low - cost structure , and return capital to our shareholders . Consistent with our long - term strategy of delivering value to our shareholders , our Board of Directors has authorized an additional $ 750 million in share repurchases over the next two years . " The Virtu Financial , Inc. Board of Directors declared a quarterly cash dividend of $ 0.24 per share . This dividend is payable on December 15 , 2021 to shareholders of record as of December 1 , 2021 . Note 1 : Non - GAAP financial measures . Please see " Non - GAAP Financial Measures and Other Items " for more information . Note 2 : Shares repurchased calculated on a settlement date basis . Page 1