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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 889,559 $ 732,164
Cash restricted or segregated under regulations and other 117,446 41,116
Securities borrowed 1,425,016 1,928,763
Securities purchased under agreements to resell 22,866 143,032
Receivables from broker-dealers and clearing organizations 1,684,006 1,318,584
Trading assets, at fair value:    
Financial instruments owned 2,369,192 2,068,734
Financial instruments owned and pledged 746,539 696,956
Receivables from customers 214,478 103,531
Property, equipment and capitalized software (net of accumulated depreciation of $455,961 and $457,229 as of December 31, 2020 and December 31, 2019, respectively) 113,590 116,089
Operating lease right-of-use assets 268,864 314,526
Goodwill 1,148,926 1,148,926
Intangibles (net of accumulated amortization of $183,494 and $219,239 as of December 31, 2020 and December 31, 2019, respectively) 454,499 529,638
Deferred tax asset 193,070 214,671
Other assets ($68,316 and $48,966, at fair value, as of December 31, 2020 and December 31, 2019, respectively) 317,747 252,640
Total assets 9,965,798 9,609,370
Liabilities    
Short-term borrowings 64,686 73,486
Securities loaned 948,256 1,600,099
Securities sold under agreements to repurchase 461,235 340,742
Interest rate swap 876,446 826,750
Payables to customers 118,826 89,719
Trading liabilities, at fair value:    
Financial instruments sold, not yet purchased 2,923,708 2,497,958
Tax receivable agreement obligations 271,165 269,282
Accounts payable and accrued expenses and other liabilities 491,818 399,168
Operating lease liabilities 315,340 365,364
Long-term borrowings 1,639,280 1,917,866
Total liabilities 8,110,760 8,380,434
Commitments and Contingencies (Note 16)
Virtu Financial Inc. Stockholders' equity    
Treasury stock, at cost, 3,615,097 and 2,178,771 shares at December 31, 2020 and December 31, 2019, respectively (88,923) (55,005)
Additional paid-in capital 1,160,567 1,077,398
Retained earnings (accumulated deficit) 422,381 (90,374)
Accumulated other comprehensive income (loss) (25,487) (647)
Total Virtu Financial Inc. stockholders' equity 1,468,540 931,374
Noncontrolling interest 386,498 297,562
Total equity 1,855,038 1,228,936
Total liabilities and stockholders' equity 9,965,798 9,609,370
Class A common stock    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) 1 1
Class B common stock    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) 0 0
Class C common stock    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) 0 0
Class D common stock    
Virtu Financial Inc. Stockholders' equity    
Common stock (par value $0.00001) $ 1 $ 1