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Share-based Compensation (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended 23 Months Ended
Apr. 21, 2015
Jul. 08, 2011
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Dec. 31, 2015
Mar. 31, 2017
Share-based Compensation.              
Number of Class A-2 capital interests contributed by Class A-2 members to Virtu East MIP LLC   2,625,000          
Non-voting common interest units outstanding     13,502,263   14,231,535   13,502,263
Class A              
Share-based Compensation.              
Expense recognized       $ 3,400      
Class A-2 profits interests and Class B interests | East MIP              
Weighted-average assumptions used in estimating grant date fair values              
Expected life (in years)     2 years 8 months 12 days 6 months      
Weighted average risk free interest rate (as a percent)     0.72% 0.12%      
Expected stock price volatility (as a percent)     47.00% 25.00%      
Class A-2 profits interests | Maximum              
Share-based Compensation.              
Vesting period     4 years 4 years      
Class B interests | East MIP              
Share-based Compensation.              
Amortization expense related to share based compensation     $ 20 $ 300      
Class B interests | East MIP | Time based vesting              
Share-based Compensation.              
Vesting period   4 years          
Non-voting common interest units (formerly Class B interests)              
Share-based Compensation.              
Expense recognized     200 300      
Unrecognized share-based compensation expense     $ 600   $ 800   $ 600
Weighted average period for compensation expense expected to be recognized     9 months 18 days   1 year    
Capitalized software development costs     $ 10 100      
Non-voting common interest units (formerly Class A 2 profits interests)              
Share-based Compensation.              
Expense recognized     200 $ 400      
Unrecognized share-based compensation expense     $ 500   $ 800   $ 500
Weighted average period for compensation expense expected to be recognized     7 months 6 days   9 months 18 days    
Non-qualified stock options              
Share-based Compensation.              
Expense recognized     $ 1,400        
Forfeited or repurchased (in shares)     195,000 625,000      
Outstanding (in shares)     8,234,000 8,994,000 8,994,000    
Forfeited or expired (in shares)     (195,000) (625,000)      
Outstanding (in shares)     8,039,000 8,369,000 8,234,000 8,994,000 8,039,000
Weighted Average Exercise Price Per Share              
Outstanding (in dollars per share)     $ 19.00 $ 19.00 $ 19.00    
Outstanding (in dollars per share)     $ 19.00 $ 19.00 $ 19.00 $ 19.00 $ 19.00
Weighted-average assumptions used in estimating grant date fair values              
Expected life (in years)     6 years 3 months        
Weighted average risk free interest rate (as a percent)     1.52%        
Expected stock price volatility (as a percent)     30.00%        
Expected dividend yield (as a percent)     5.05%        
Weighted Average Fair Value              
Outstanding (in dollars per share)     $ 3.02       $ 3.02
Weighted Average Remaining Life, outstanding              
Weighted Average Remaining Life     8 years 18 days 9 years 18 days 8 years 3 months 15 days 9 years 3 months 15 days  
Options Exercisable, Number of Options (in shares)     2,009,750   2,058,500   2,009,750
Options Exercisable, Weighted Average Exercise Price (in dollars per share)     $ 19.00   $ 19.00   $ 19.00
Non-qualified stock options | 2015 Management Incentive Plan              
Share-based Compensation.              
Vesting period 4 years            
Expiration period 10 years            
Unrecognized share-based compensation expense         $ 14,200    
Weighted average period for compensation expense expected to be recognized     2 years        
Restricted stock units              
Share-based Compensation.              
Expense recognized       $ 1,600      
Unrecognized share-based compensation expense     $ 23,900 $ 28,500     $ 23,900
Weighted average period for compensation expense expected to be recognized     2 years 3 months 18 days 2 years 7 months 6 days      
Activity              
Outstanding (in shares)     1,573,441 984,466 984,466    
Forfeited (in shares)     (95,481) (115,869)      
Outstanding (in shares)     1,477,960 868,597 1,573,441 984,466 1,477,960
Weighted Average Fair Value              
Outstanding (in dollars per share)     $ 18.28 $ 22.32 $ 22.32    
Forfeited (in dollars per share)     18.38 22.51      
Outstanding (in dollars per share)     $ 18.28 $ 22.30 $ 18.28 $ 22.32 $ 18.28
Restricted stock units | 2015 Management Incentive Plan              
Share-based Compensation.              
Vesting period             4 years