Last updated: 7 February 2024 at 6:03pm EST

Douglas Cifu Net Worth




The estimated Net Worth of Douglas A Cifu is at least $40.2 Million dollars as of 7 February 2024. Mr. Cifu owns over 50,000 units of Virtu Inc stock worth over $17,979,583 and over the last 12 years he sold VIRT stock worth over $17,654,138. In addition, he makes $4,598,170 as Chief Executive Officer and Director at Virtu Inc.

Mr. Cifu VIRT stock SEC Form 4 insiders trading

Douglas has made over 27 trades of the Virtu Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he bought 50,000 units of VIRT stock worth $810,500 on 7 February 2024.

The largest trade he's ever made was selling 127,088 units of Virtu Inc stock on 11 February 2019 worth over $3,343,685. On average, Douglas trades about 30,085 units every 79 days since 2013. As of 7 February 2024 he still owns at least 584,132 units of Virtu Inc stock.

You can see the complete history of Mr. Cifu stock trades at the bottom of the page.





Douglas Cifu biography

Douglas A. Cifu serves as Chief Executive Officer, Director of the Company. Mr. Cifu has been our Chief Executive Officer and a member of our board of directors since November 2013. He previously served as Virtu's President and Chief Operating Officer and has served on its board of directors or the boards of its predecessors since co-founding the firm in April 2008. Prior to co-founding Virtu, Mr. Cifu was a partner at the international law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP, where he practiced corporate law from 1990 to 2008. Mr. Cifu also previously served on the board of directors of Independent Bank Group, Inc., a regional bank holding company. Mr. Cifu completed his J.D. at Columbia Law School in 1990 and received his B.A. from Columbia University in 1987, from which he graduated magna cum laude.

What is the salary of Douglas Cifu?

As the Chief Executive Officer and Director of Virtu Inc, the total compensation of Douglas Cifu at Virtu Inc is $4,598,170. There are 1 executives at Virtu Inc getting paid more, with Vincent Viola having the highest compensation of $8,201,480.



How old is Douglas Cifu?

Douglas Cifu is 54, he's been the Chief Executive Officer and Director of Virtu Inc since 2013. There are 13 older and 7 younger executives at Virtu Inc. The oldest executive at Virtu Financial Inc is John Sandner, 78, who is the Independent Director.

What's Douglas Cifu's mailing address?

Douglas's mailing address filed with the SEC is C/O VIRTU FINANCIAL, INC., 1633 BROADWAY, NEW YORK, NY, 10019.

Insiders trading at Virtu Inc

Over the last 10 years, insiders at Virtu Inc have traded over $1,724,881,243 worth of Virtu Inc stock and bought 10,207,415 units worth $158,174,877 . The most active insiders traders include Glenn H Hutchins, Holdings (Private) Ltd Temasek, and Michael J Bingle. On average, Virtu Inc executives and independent directors trade stock every 21 days with the average trade being worth of $17,288,634. The most recent stock trade was executed by Virginia Gambale on 5 August 2024, trading 5,400 units of VIRT stock currently worth $147,420.



What does Virtu Inc do?

virtu financial is a financial technology firm where the art of trading and the science of technology intersect. we actively make markets, as designated market makers (dmm), across a broad range of asset classes including equities, foreign exchange, commodities, options and fixed income, providing two-sided liquidity on over two hundred market centers around the world. as market makers, we lower costs for both retail and institutional investors by supplying competitive bids and offers, without seeking to take on risky directional positions. virtu's liquidity provision plays a vital role in the overall health and efficiency of the global financial markets, especially in times of market turbulence.



What does Virtu Inc's logo look like?

Virtu Financial Inc logo

Complete history of Mr. Cifu stock trades at Independent Bank Inc and Virtu Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
7 Feb 2024 Douglas A Cifu
Chief Executive Officer
Buy 50,000 $16.21 $810,500
7 Feb 2024
584,132
31 Jan 2024 Douglas A Cifu
Chief Executive Officer
Option 93,084 $16.79 $1,562,880
31 Jan 2024
514,083
13 Sep 2023 Douglas A Cifu
Chief Executive Officer
Buy 50,000 $17.06 $853,000
13 Sep 2023
442,755
4 May 2023 Douglas A Cifu
Chief Executive Officer
Buy 50,000 $16.85 $842,500
4 May 2023
452,907
31 Jan 2023 Douglas A Cifu
Chief Executive Officer
Option 18,084 $19.31 $349,202
31 Jan 2023
410,909
24 Jan 2023 Douglas A Cifu
Chief Executive Officer
Option 26,841 $20.12 $540,041
24 Jan 2023
401,581
1 Feb 2022 Douglas A Cifu
Chief Executive Officer
Option 18,085 $30.47 $551,050
1 Feb 2022
383,625
23 Jan 2022 Douglas A Cifu
Chief Executive Officer
Option 44,856 $28.54 $1,280,190
23 Jan 2022
376,485
23 Jan 2021 Douglas A Cifu
Chief Executive Officer
Option 60,914 $24.84 $1,513,104
23 Jan 2021
135,914
9 Nov 2020 Douglas A Cifu
Chief Executive Officer
Option 100,000 $19.00 $1,900,000
9 Nov 2020
392,755
11 Aug 2020 Douglas A Cifu
Chief Executive Officer
Buy 100,000 $22.45 $2,245,000
11 Aug 2020
292,755
23 Jan 2020 Douglas A Cifu
Chief Executive Officer
Option 34,073 $15.19 $517,569
23 Jan 2020
139,073
7 Nov 2019 Douglas A Cifu
Chief Executive Officer
Buy 20,000 $16.24 $324,800
7 Nov 2019
255,000
4 Sep 2019 Douglas A Cifu
Chief Executive Officer
Buy 10,000 $18.58 $185,800
4 Sep 2019
235,000
11 Feb 2019 Douglas A Cifu
Chief Executive Officer
Sale 127,088 $26.31 $3,343,685
11 Feb 2019
75,000
14 Jun 2018 Douglas A Cifu
Chief Executive Officer
Sale 117,043 $29.91 $3,500,756
14 Jun 2018
150,000
13 Jun 2018 Douglas A Cifu
Chief Executive Officer
Option 82,521 $19.00 $1,567,899
13 Jun 2018
324,637
12 Jun 2018 Douglas A Cifu
Chief Executive Officer
Option 99,218 $19.00 $1,885,142
12 Jun 2018
341,334
11 Jun 2018 Douglas A Cifu
Chief Executive Officer
Option 93,334 $19.00 $1,773,346
11 Jun 2018
335,450
5 Aug 2016 Douglas A Cifu
Chief Executive Officer
Buy 60,000 $16.51 $990,600
5 Aug 2016
60,000
5 Aug 2016 Douglas A Cifu
Chief Executive Officer
Buy 60,000 $16.51 $990,600
5 Aug 2016
60,000
25 Oct 2018 Douglas A Cifu
Director
Buy 10,000 $54.79 $547,900
25 Oct 2018
41,621
6 Mar 2018 Douglas A Cifu
Director
Sale 29,458 $74.26 $2,187,551
6 Mar 2018
31,621
1 Mar 2018 Douglas A Cifu
Director
Sale 40,542 $72.04 $2,920,646
1 Mar 2018
61,079
6 Dec 2016 Douglas A Cifu
Director
Sale 45,000 $63.35 $2,850,750
6 Dec 2016
5,990
6 Dec 2016 Douglas A Cifu
Director
Sale 45,000 $63.35 $2,850,750
6 Dec 2016
5,990
1 Apr 2013 Douglas A Cifu
Director
Buy 19,131 $26.00 $497,406
1 Apr 2013
47,963


Virtu Inc executives and stock owners

Virtu Inc executives and other stock owners filed with the SEC include: