Virtu Financial Sets New Record for POSIT Alert Europe

Virtu Financial has confirmed it saw a record day of trading activity on its POSIT Alert Europe block indications network in June, according to a story in The Trade news. POSIT Alert Europe saw more than £1.256 billion in notional value traded on 5 June this year, surpassing the previous record set in Europe in October 2018. The new record follows sweeping changes to the block indications system, which Virtu inherited following its $1 billion acquisition of agency broker ITG.