STOCK TITAN

Virtu Financial Launches Third Annual US Women’s Winternship Program

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Virtu Financial (Nasdaq: VIRT) has launched its third annual US Women’s Winternship, designed to introduce sophomore college students to careers in financial services. The 2021 program, the largest to date, will be conducted virtually and offer participants engaging group activities and a capstone trading project. CEO Douglas Cifu highlighted the program's success, noting the recruitment of a former Wintern. The Winternship aims to enhance diversity in finance, with mentorship from prior participants and insights from over 30 instructors.

Positive
  • The 2021 Winternship program is Virtu's largest yet, indicating strong interest and engagement.
  • The program has successfully led to full-time recruitment from previous participants.
  • Mentorship from returning Winterns enhances the program's effectiveness.
Negative
  • None.

NEW YORK, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a global market maker, broker and leading provider of global financial services technology, today launches its third annual US Women’s Winternship, a one-week program aimed at introducing sophomore level college students to a career path in financial services.

The Winternship 2021 class is Virtu’s largest yet, despite being hosted virtually, and brings together women from a wide variety of schools and backgrounds who will work together on challenging group activities and deliver final presentations on a capstone trading project. Virtu Board Member, Virginia Gambale will participate in this year’s program by hosting a discussion.

“Our Winternship program has been a resounding success. We have recruited one of the Winterns from the 2019 program to a full-time status starting this summer. Ultimately this is the program’s goal—we seek aspiring talent and continue to build diversity and a strong pipeline of female candidates,” said Douglas Cifu, CEO of Virtu Financial. “In addition, several participants from Winternship 2020 will be returning to mentor this year’s incoming candidates. I’m very impressed with the level of skill and engagement and am excited to see the program grow and evolve in the years ahead.”

Winternship 2021 is led by Erin Stanton, Global Head of Analytics Client Services and Coverage and Tyler Drake, Global Head of Non-Customer Trading. The program features over 30 instructors across the firm from various business lines and disciplines to provide the women with two alternate views of roles at Virtu; one that is quantitative trading focused and the other which is data and analysis focused.

The program also offers students the opportunity to engage directly with employees at Virtu through topical panel discussions, including life as a new hire, women in STEM at Virtu and how to find your ideal path within the industry. Upon completion of the program, participants will not only have a more comprehensive perspective of potential roles at Virtu, but also experience our culture of collaboration and innovation. The Winternship program is part of Virtu’s broader commitment to diversity and inclusion.

Please visit our Careers page at www.virtu.com/careers

About Virtu Financial
Virtu is a leading provider of financial services and products that leverages cutting-edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to its clients. Leveraging its global market making expertise and infrastructure, Virtu provides a robust product suite including offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology. Virtu’s product offerings allow clients to trade on hundreds of venues across 50+ countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income and myriad other commodities.  In addition, Virtu’s integrated, multi-asset analytics platform provides a range of pre and post-trade services, data products and compliance tools that clients rely upon to invest, trade and manage risk across global markets.

CONTACT:  
   
Investor Relations Media Relations
Deborah Belevan, IRC, CPA  Andrew Smith
investor_relations@virtu.com  media@virtu.com 

FAQ

What is the purpose of Virtu Financial's Winternship program?

The Winternship program aims to introduce sophomore college students to career opportunities in financial services.

How many participants are in the 2021 Winternship program?

The 2021 Winternship program is Virtu's largest, although the specific number of participants is not disclosed.

Who leads the Winternship program at Virtu Financial?

The program is led by Erin Stanton and Tyler Drake, who are executives at Virtu Financial.

What opportunities does the Winternship provide to students?

The program offers group activities, a capstone trading project, and direct engagement with employees through discussions.

What is the impact of the Winternship on diversity at Virtu Financial?

The Winternship is part of Virtu's commitment to diversity and inclusion, aiming to build a strong pipeline of female candidates.

Virtu Financial, Inc.

NASDAQ:VIRT

VIRT Rankings

VIRT Latest News

VIRT Stock Data

3.13B
80.97M
5.78%
88.59%
2.95%
Capital Markets
Security Brokers, Dealers & Flotation Companies
Link
United States of America
NEW YORK