XML 28 R13.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Collateralized Transactions | 3 Months Ended
--- | ---
Mar. 31, 2017
Collateralized Transactions |
Collateralized Transactions | 7. Collateralized Transactions The Company is permitted to sell or repledge securities received as collateral and use these securities to secure repurchase agreements, enter into securities lending transactions or deliver these securities to counterparties or clearing organizations to cover short positions. At March 31, 2017 and December 31, 2016, substantially all of the securities received as collateral have been repledged. The fair value of the collateralized transactions at March 31, 2017 and December 31, 2016 are summarized as follows:
(in thousands) |  | 2017 |  | 2016 |
Securities received as collateral: |  |  |  |  |  |  |
Securities borrowed |  | $ | 347,934 |  | $ | 213,203 |
Securities purchased under agreements to resell |  |  | — |  |  | — |
|  | $ | 347,934 |  | $ | 213,203 |
In the normal course of business, the Company pledges qualified securities with clearing organizations to satisfy daily margin and clearing fund requirements. Financial instruments owned and pledged, where the counterparty has the right to repledge, at March 31, 2017 and December 31, 2016 consisted of the following:
(in thousands) |  | 2017 |  | 2016 |
Equities |  | $ | 264,486 |  | $ | 128,202 |
Exchange traded notes |  |  | 4,903 |  |  | 15,681 |
|  | $ | 269,389 |  | $ | 143,883 |

X
- References No definition available. + Details
Name: | us-gaap_CollateralizedAgreementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for collateralized transactions. + References No definition available. + Details
Name: | virt_CollateralizedAgreementsTextBlock
Namespace Prefix: | virt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration