XML 77 R57.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Receivables from/Payables to Broker-Dealers and Clearing Organizations (Details) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Assets |  |
Due from prime brokers | $ 410,153 | $ 208,639
Deposits with clearing organizations | 214,545 | 182,008
Net equity with futures commission merchants | 174,447 | 166,808
Unsettled trades with clearing organizations | 238,272 | 1,096
Securities failed to deliver | 203,287 | 148,822
Commissions and fees | 29,700 | 30,351
Total receivables from broker-dealers and clearing organizations | 1,270,404 | 737,724
Liabilities |  |
Due to prime brokers | 405,151 | 780,310
Net equity with futures commission merchants | (35,420) | (36,059)
Unsettled trades with clearing organizations | 554 | 313,875
Securities failed to receive | 97,328 | 104,702
Commissions and fees | 5,282 | 4,884
Total payables to broker-dealers and clearing organizations | 472,895 | 1,167,712
Outstanding principal balance | $ 170,700 | $ 175,300

X
- Definition Amount payable to other broker-dealer and clearing organization, including, but not limited to, security failed-to-receive, deposit received for security loaned, open transaction, and floor-brokerage payable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Rule 15c3-1 -Number 240 -Section 15c3-1 -Publisher SEC + Details
Name: | srt_PayablesToBrokerDealersAndClearingOrganizations
Namespace Prefix: | srt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

X
- Definition Amount receivable from broker-dealers from commissions for executing orders on the floor of an exchange. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 940 -SubTopic 20 -Name Accounting Standards Codification -Section 25 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481913/940-20-25-2 + Details
Name: | us-gaap_CommissionsAndFloorBrokerageReceivables
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount payable to broker-dealers or clearing organizations for executing or clearing trades or orders. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 940 -SubTopic 20 -Name Accounting Standards Codification -Section 25 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481913/940-20-25-2 + Details
Name: | us-gaap_CommissionsPayableToBrokerDealersAndClearingOrganizations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount receivable from correspondent broker-dealer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 3 -SubTopic 20 -Topic 940 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481833/940-20-45-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 25 -Paragraph 1 -SubTopic 20 -Topic 940 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481913/940-20-25-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481990/310-10-45-2 + Details
Name: | us-gaap_DueFromCorrespondentBrokers
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount payable to correspondent broker-dealer. + References No definition available. + Details
Name: | us-gaap_DueToCorrespondentBrokers
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

X
- Definition Amount receivable from broker-dealers and clearing organizations, including, but not limited to, securities failed-to-deliver, certain deposits for securities borrowed, open transactions, good faith and margin deposits, commissions and floor brokerage receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 3 -SubTopic 20 -Topic 940 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481833/940-20-45-3 + Details
Name: | us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of right to receive cash and securities on deposit with clearing organizations. Clearing organizations perform post trade processing and trade comparisons among numerous broker-dealers and act as settlement agents between buying and selling broker-dealers. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 940 -SubTopic 310 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//940-310/tableOfContent + Details
Name: | us-gaap_ReceivablesFromClearingOrganizations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount receivable as the result of a fail-to-deliver. A fail-to-deliver is a securities sale to another broker-dealer that has not been delivered to buying broker-dealer by the close of business on the settlement date. + References No definition available. + Details
Name: | us-gaap_SecuritiesFailedToDeliver
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount payable as the result of fail-to-receive. A fail-to-receive is a securities purchase from another broker-dealer not received from the selling broker-dealer by the close of business on the settlement date. + References No definition available. + Details
Name: | us-gaap_SecuritiesFailedToReceive
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the amount of net equity with futures commission merchants, asset. + References No definition available. + Details
Name: | virt_NetEquityWithFuturesCommissionMerchantAssets
Namespace Prefix: | virt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Represents the amount of net equity with futures commission merchants, liability. + References No definition available. + Details
Name: | virt_NetEquityWithFuturesCommissionMerchantLiabilities
Namespace Prefix: | virt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the carrying value of the outstanding principal balance on all of the entity's short-term credit facilities. + References No definition available. + Details
Name: | virt_ShortTermCreditFacilities
Namespace Prefix: | virt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the amount receivable for unsettled trades. + References No definition available. + Details
Name: | virt_UnsettledTradeAssets
Namespace Prefix: | virt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Represents the amount payable for unsettled trade liabilities. + References No definition available. + Details
Name: | virt_UnsettledTradeLiabilities
Namespace Prefix: | virt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant