2020 Q3 Form 10-Q Financial Statement

#000159238620000012 Filed on November 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3
Revenue $656.1M $382.3M
YoY Change 71.6% 29.55%
Cost Of Revenue $256.6M $174.7M
YoY Change 46.88% 42.85%
Gross Profit $399.6M $207.7M
YoY Change 92.39% 20.13%
Gross Profit Margin 60.9% 54.32%
Selling, General & Admin $60.40M $115.9M
YoY Change -47.89% 86.63%
% of Gross Profit 15.12% 55.8%
Research & Development $51.65M $59.77M
YoY Change -13.59% 51.25%
% of Gross Profit 12.92% 28.78%
Depreciation & Amortization $34.90M $36.50M
YoY Change -4.38% 62.95%
% of Gross Profit 8.73% 17.57%
Operating Expenses $403.6M $388.2M
YoY Change 3.97% 46.09%
Operating Profit -$3.997M -$180.5M
YoY Change -97.79% 94.47%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $252.5M -$5.828M
YoY Change -4432.79% -119.81%
Income Tax $52.80M -$600.0K
% Of Pretax Income 20.91%
Net Earnings $116.7M -$4.312M
YoY Change -2806.61% -150.07%
Net Earnings / Revenue 17.79% -1.13%
Basic Earnings Per Share $0.92 -$0.04
Diluted Earnings Per Share $0.92 -$0.04
COMMON SHARES
Basic Shares Outstanding 122.7M shares 117.5M shares
Diluted Shares Outstanding 123.8M shares 117.5M shares

Balance Sheet

Concept 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $568.0M $373.0M
YoY Change 52.28% -10.34%
Cash & Equivalents $567.7M $372.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $2.059B $1.831B
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.627B $2.204B
YoY Change 19.19% 43.86%
LONG-TERM ASSETS
Property, Plant & Equipment $404.0M $117.2M
YoY Change 244.6% -0.23%
Goodwill $1.149B $1.195B
YoY Change -3.89% 42.9%
Intangibles $473.3M $513.2M
YoY Change -7.76% 469.73%
Long-Term Investments $4.160B $4.273B
YoY Change -2.64% 0.71%
Other Assets $291.0M $270.0M
YoY Change 7.78% 51.69%
Total Long-Term Assets $6.816B $6.983B
YoY Change -2.39% 22.36%
TOTAL ASSETS
Total Short-Term Assets $2.627B $2.204B
Total Long-Term Assets $6.816B $6.983B
Total Assets $9.443B $9.187B
YoY Change 2.79% 26.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $675.0M $1.025B
YoY Change -34.15% 7.67%
Accrued Expenses $331.0M $375.0M
YoY Change -11.73%
Deferred Revenue
YoY Change
Short-Term Debt $124.0M $94.89M
YoY Change 30.67% 551.39%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.416B $1.131B
YoY Change 25.2% -10.8%
LONG-TERM LIABILITIES
Long-Term Debt $2.357B $3.044B
YoY Change -22.57% 236.73%
Other Long-Term Liabilities $3.188B $2.624B
YoY Change 21.49% -22.78%
Total Long-Term Liabilities $5.545B $5.668B
YoY Change -2.17% 31.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.416B $1.131B
Total Long-Term Liabilities $5.545B $5.668B
Total Liabilities $7.636B $7.890B
YoY Change -3.22% 34.78%
SHAREHOLDERS EQUITY
Retained Earnings $343.8M -$40.12M
YoY Change -956.97% -180.81%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.397B $969.0M
YoY Change
Total Liabilities & Shareholders Equity $9.443B $9.187B
YoY Change 2.79% 26.91%

Cashflow Statement

Concept 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $116.7M -$4.312M
YoY Change -2806.61% -150.07%
Depreciation, Depletion And Amortization $34.90M $36.50M
YoY Change -4.38% 62.95%
Cash From Operating Activities -$15.70M $31.10M
YoY Change -150.48% 871.88%
INVESTING ACTIVITIES
Capital Expenditures -$17.20M -$16.90M
YoY Change 1.78% 59.43%
Acquisitions
YoY Change
Other Investing Activities $57.30M -$1.500M
YoY Change -3920.0% -350.0%
Cash From Investing Activities $40.10M -$18.40M
YoY Change -317.93% 82.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -114.3M -107.8M
YoY Change 6.03% -54.44%
NET CHANGE
Cash From Operating Activities -15.70M 31.10M
Cash From Investing Activities 40.10M -18.40M
Cash From Financing Activities -114.3M -107.8M
Net Change In Cash -89.90M -95.10M
YoY Change -5.47% -60.94%
FREE CASH FLOW
Cash From Operating Activities -$15.70M $31.10M
Capital Expenditures -$17.20M -$16.90M
Free Cash Flow $1.500M $48.00M
YoY Change -96.87% 247.83%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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DocumentFiscalYearFocus
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dei Document Fiscal Period Focus
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dei Entity Central Index Key
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dei Amendment Flag
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dei Document Quarterly Report
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dei Document Period End Date
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dei Document Transition Report
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dei Entity File Number
EntityFileNumber
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dei Entity Registrant Name
EntityRegistrantName
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dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
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dei Entity Tax Identification Number
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dei Entity Address Address Line1
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dei Security12b Title
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CY2020Q3 us-gaap Number Of Countries In Which Entity Operates
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's condensed consolidated financial statements are prepared in conformity with U.S. GAAP, which require management to make estimates and assumptions regarding measurements including the fair value of trading assets and liabilities, goodwill and intangibles, compensation accruals, capitalized software, income tax, tax receivable agreements, leases, litigation accruals, and other matters that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Accordingly, actual results could differ materially from those estimates.</span></div>
CY2020Q3 us-gaap Goodwill Impairment Loss
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4 joint_venture
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
252515000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5828000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1123272000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-88610000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
52807000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-644000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200044000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14322000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
199708000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-5184000 USD
us-gaap Profit Loss
ProfitLoss
923228000 USD
us-gaap Profit Loss
ProfitLoss
-74288000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
82999000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-872000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
386311000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-33412000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
116709000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-4312000 USD
us-gaap Net Income Loss
NetIncomeLoss
536917000 USD
us-gaap Net Income Loss
NetIncomeLoss
-40876000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
116709000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-4312000 USD
us-gaap Net Income Loss
NetIncomeLoss
536917000 USD
us-gaap Net Income Loss
NetIncomeLoss
-40876000 USD
CY2020Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
3417000 USD
CY2019Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
461000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
14210000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1368000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
113292000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4773000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
522707000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-42244000 USD
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.38
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
113292000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-4773000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
522707000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-42244000 USD
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.29
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.38
virt Tax Receivable Agreement Payments Percentage Of Cash Tax Savings
TaxReceivableAgreementPaymentsPercentageOfCashTaxSavings
0.85
virt Tax Receivable Agreement Obligations Settlement Term
TaxReceivableAgreementObligationsSettlementTerm
P15Y
CY2020Q3 virt Tax Receivable Agreement Obligations
TaxReceivableAgreementObligations
256000000.0 USD
CY2019Q4 virt Tax Receivable Agreement Obligations
TaxReceivableAgreementObligations
269300000 USD
CY2017Q1 virt First Payment Made Under Tax Receivable Agreement
FirstPaymentMadeUnderTaxReceivableAgreement
7000000.0 USD
CY2018Q3 virt First Payment Made Under Tax Receivable Agreement
FirstPaymentMadeUnderTaxReceivableAgreement
12400000 USD
CY2020Q1 virt First Payment Made Under Tax Receivable Agreement
FirstPaymentMadeUnderTaxReceivableAgreement
13300000 USD
CY2020Q3 virt Tax Receivable Agreement Obligations Over Period Minimum Yearly Payment Range
TaxReceivableAgreementObligationsOverPeriodMinimumYearlyPaymentRange
3300000 USD
CY2020Q3 virt Tax Receivable Agreement Obligations Over Period Maximum Yearly Payment Range
TaxReceivableAgreementObligationsOverPeriodMaximumYearlyPaymentRange
20700000 USD
CY2018Q2 virt Tax Receivable Agreement Obligations
TaxReceivableAgreementObligations
79700000 USD
CY2018Q2 virt Adjustments To Additional Paid In Capital Increase Decrease In Tax Receivable Agreement
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseInTaxReceivableAgreement
-1000000.0 USD
virt Tax Receivable Agreement Obligations Settlement Term
TaxReceivableAgreementObligationsSettlementTerm
P15Y
CY2018Q2 virt Deferred Tax Asset Tax Receivable Agreement
DeferredTaxAssetTaxReceivableAgreement
78700000 USD
CY2019Q2 virt Tax Receivable Agreement Obligations
TaxReceivableAgreementObligations
49100000 USD
CY2019Q2 virt Deferred Tax Asset Tax Receivable Agreement
DeferredTaxAssetTaxReceivableAgreement
54900000 USD
CY2019Q2 virt Adjustments To Additional Paid In Capital Increase Decrease In Tax Receivable Agreement
AdjustmentsToAdditionalPaidInCapitalIncreaseDecreaseInTaxReceivableAgreement
-5800000 USD
CY2020Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
184200000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
197600000 USD
virt Tax Receivable Agreement Obligations Settlement Term
TaxReceivableAgreementObligationsSettlementTerm
P15Y
CY2020Q3 virt Tax Receivable Agreement Obligations
TaxReceivableAgreementObligations
256000000.0 USD
CY2019Q4 virt Tax Receivable Agreement Obligations
TaxReceivableAgreementObligations
269300000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
virt Number Of Non Operating Segments
NumberOfNonOperatingSegments
1 segment
CY2019Q4 us-gaap Goodwill
Goodwill
1148900000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
1148900000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020Q3 virt Unsettled Trade Assets
UnsettledTradeAssets
392349000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
529600000 USD
CY2020Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
638734000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
1148926000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
1148926000 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
473300000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
165417000 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
473317000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
748877000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
219239000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
529638000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18300000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
56200000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
50400000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
18076000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
69676000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
64852000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
63960000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
50845000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
47879000 USD
us-gaap Due To And From Broker Dealers And Clearing Organizations Disclosure
DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure
Receivables from/Payables to Broker-Dealers and Clearing Organizations<div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following is a summary of receivables from and payables to brokers-dealers and clearing organizations at September 30, 2020 and December 31, 2019:</span></div><div style="margin-bottom:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:95.321%"><tr><td style="width:1.0%"/><td style="width:63.930%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.617%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.566%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:15.621%"/><td style="width:0.1%"/></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(in thousands)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Assets</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Due from prime brokers</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">643,089 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">418,059 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deposits with clearing organizations</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">386,460 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">231,977 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net equity with futures commission merchants</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">207,213 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">267,748 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Unsettled trades with clearing organizations</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">392,349 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">214,618 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Securities failed to deliver</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">228,677 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">178,324 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Commissions and fees</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24,093 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,858 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 11.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total receivables from broker-dealers and clearing organizations</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,881,881 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,318,584 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:12pt"><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Due to prime brokers</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">330,078 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">511,524 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net equity with futures commission merchants</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">69,480 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50,950 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Unsettled trades with clearing organizations</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">178,361 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">118,286 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Securities failed to receive</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93,973 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">144,494 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Commissions and fees</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,140 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,496 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 11.25pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total payables to broker-dealers and clearing organizations</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">675,032 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">826,750 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Included as a deduction from “Due from prime brokers” and “Net equity with futures commission merchants” is the outstanding principal balance on all of the Company’s prime brokerage credit facilities (described in Note 10 “Borrowings”) of approximately $163.6 million and $134.3 million as of September 30, 2020 and December 31, 2019, respectively. The loan proceeds from the credit facilities are available only to meet the initial margin requirements associated with the Company’s ordinary course futures and other trading positions, which are held in the Company’s trading accounts with an affiliate of the respective financial institutions. The credit facilities are fully collateralized by the Company’s trading accounts and deposit accounts with these financial institutions. “Securities failed to deliver” and “Securities failed to receive” include amounts with a clearing organization and other broker-dealers.</span></div>
CY2020Q3 us-gaap Due From Correspondent Brokers
DueFromCorrespondentBrokers
643089000 USD
CY2019Q4 us-gaap Due From Correspondent Brokers
DueFromCorrespondentBrokers
418059000 USD
CY2020Q3 us-gaap Receivables From Clearing Organizations
ReceivablesFromClearingOrganizations
386460000 USD
CY2019Q4 us-gaap Receivables From Clearing Organizations
ReceivablesFromClearingOrganizations
231977000 USD
CY2020Q3 virt Net Equity With Futures Commission Merchant Assets
NetEquityWithFuturesCommissionMerchantAssets
207213000 USD
CY2019Q4 virt Net Equity With Futures Commission Merchant Assets
NetEquityWithFuturesCommissionMerchantAssets
267748000 USD
CY2019Q4 virt Unsettled Trade Assets
UnsettledTradeAssets
214618000 USD
CY2020Q3 us-gaap Securities Failed To Deliver
SecuritiesFailedToDeliver
228677000 USD
CY2019Q4 us-gaap Securities Failed To Deliver
SecuritiesFailedToDeliver
178324000 USD
CY2020Q3 us-gaap Commissions And Floor Brokerage Receivables
CommissionsAndFloorBrokerageReceivables
24093000 USD
CY2019Q4 us-gaap Commissions And Floor Brokerage Receivables
CommissionsAndFloorBrokerageReceivables
7858000 USD
CY2020Q3 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
1881881000 USD
CY2019Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
1318584000 USD
CY2020Q3 us-gaap Due To Correspondent Brokers
DueToCorrespondentBrokers
330078000 USD
CY2019Q4 us-gaap Due To Correspondent Brokers
DueToCorrespondentBrokers
511524000 USD
CY2020Q3 virt Net Equity With Futures Commission Merchant Liabilities
NetEquityWithFuturesCommissionMerchantLiabilities
69480000 USD
CY2019Q4 virt Net Equity With Futures Commission Merchant Liabilities
NetEquityWithFuturesCommissionMerchantLiabilities
50950000 USD
CY2020Q3 virt Unsettled Trade Liabilities
UnsettledTradeLiabilities
178361000 USD
CY2019Q4 virt Unsettled Trade Liabilities
UnsettledTradeLiabilities
118286000 USD
CY2020Q3 us-gaap Securities Failed To Receive
SecuritiesFailedToReceive
93973000 USD
CY2019Q4 us-gaap Securities Failed To Receive
SecuritiesFailedToReceive
144494000 USD
CY2020Q3 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
3140000 USD
CY2019Q4 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
1496000 USD
CY2020Q3 srt Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
675032000 USD
CY2019Q4 srt Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
826750000 USD
CY2020Q3 virt Short Term Credit Facilities
ShortTermCreditFacilities
163600000 USD
CY2019Q4 virt Short Term Credit Facilities
ShortTermCreditFacilities
134300000 USD
CY2020Q3 virt Securities Borrowed At Market Value
SecuritiesBorrowedAtMarketValue
1288866000 USD
CY2019Q4 virt Securities Borrowed At Market Value
SecuritiesBorrowedAtMarketValue
1881005000 USD
CY2020Q3 us-gaap Federal Funds Sold And Securities Purchased Under Agreements To Resell Pledged As Collateral
FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellPledgedAsCollateral
17397000 USD
CY2019Q4 us-gaap Federal Funds Sold And Securities Purchased Under Agreements To Resell Pledged As Collateral
FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellPledgedAsCollateral
142922000 USD
CY2020Q3 us-gaap Collateralized Agreements
CollateralizedAgreements
1306263000 USD
CY2019Q4 us-gaap Collateralized Agreements
CollateralizedAgreements
2023927000 USD
CY2020Q3 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
609050000 USD
CY2019Q4 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
696956000 USD
CY2019Q4 virt Short Term Debt Gross
ShortTermDebtGross
75586000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2100000 USD
CY2020Q3 virt Short Term Debt Gross
ShortTermDebtGross
124974000 USD
CY2020Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
981000 USD
CY2020Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
123993000 USD
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
73486000 USD
CY2017Q4 virt Number Of Borrowing Bases
NumberOfBorrowingBases
2 borrowing_base
CY2020Q3 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
47000000.0 USD
CY2020Q3 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.020
CY2019Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
45600000 USD
CY2019Q4 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.045
us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0050
CY2020Q1 us-gaap Derivative Term Of Contract
DerivativeTermOfContract
P5Y
CY2019Q4 us-gaap Derivative Term Of Contract
DerivativeTermOfContract
P5Y
CY2019Q4 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.043
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
33182000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2020Q3 virt Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
1636512000 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1669694000 USD
virt Financial Instruments Owned And Not Pledged At Fair Value Counter Party And Cash Collateral Netting
FinancialInstrumentsOwnedAndNotPledgedAtFairValueCounterPartyAndCashCollateralNetting
662412000 USD
CY2020Q3 us-gaap Financial Instruments Owned And Not Pledged At Fair Value
FinancialInstrumentsOwnedAndNotPledgedAtFairValue
2208147000 USD
CY2020Q3 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
609050000 USD
CY2020Q3 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
66805000 USD
virt Financial Instruments Sold Not Yet Purchased At Fair Value Counter Party And Cash Collateral Netting
FinancialInstrumentsSoldNotYetPurchasedAtFairValueCounterPartyAndCashCollateralNetting
654672000 USD
CY2020Q3 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
2790135000 USD
CY2019 virt Financial Instruments Owned And Not Pledged At Fair Value Counter Party And Cash Collateral Netting
FinancialInstrumentsOwnedAndNotPledgedAtFairValueCounterPartyAndCashCollateralNetting
211398000 USD
CY2019Q4 us-gaap Financial Instruments Owned And Not Pledged At Fair Value
FinancialInstrumentsOwnedAndNotPledgedAtFairValue
2068734000 USD
CY2019Q4 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
696956000 USD
CY2019Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
48966000 USD
CY2019 virt Financial Instruments Sold Not Yet Purchased At Fair Value Counter Party And Cash Collateral Netting
FinancialInstrumentsSoldNotYetPurchasedAtFairValueCounterPartyAndCashCollateralNetting
196535000 USD
CY2019Q4 us-gaap Financial Instruments Sold Not Yet Purchased At Fair Value
FinancialInstrumentsSoldNotYetPurchasedAtFairValue
2497958000 USD
CY2020Q3 us-gaap Equity Securities Fv Ni
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64703000 USD
CY2020Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
51599000 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
0 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
13104000 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
64703000 USD
CY2020Q3 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
13104000 USD
CY2019Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
46351000 USD
CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
0 USD
CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-71000 USD
CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0 USD
CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
46280000 USD
CY2019Q3 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-71000 USD
CY2019Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
46245000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
18458000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0 USD
CY2020Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
64703000 USD
us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
18458000 USD
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
45856000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
424000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0 USD
CY2019Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
46280000 USD
us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
424000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
567677000 USD
CY2020Q3 us-gaap Restricted Cash
RestrictedCash
98285000 USD
CY2020Q3 us-gaap Securities Borrowed Fair Value Disclosure
SecuritiesBorrowedFairValueDisclosure
1325843000 USD
CY2020Q3 us-gaap Federal Funds Sold And Securities Borrowed Or Purchased Under Agreements To Resell Fair Value Disclosure
FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure
17413000 USD
CY2020Q3 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
1881881000 USD
CY2020Q3 us-gaap Receivables From Customers
ReceivablesFromCustomers
176939000 USD
CY2020Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
4068038000 USD
CY2019Q4 virt Securities Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesSoldUnderAgreementsToRepurchaseFairValueDisclosure
340742000 USD
CY2019Q4 srt Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
826750000 USD
CY2020Q3 us-gaap Shortterm Debt Fair Value
ShorttermDebtFairValue
124974000 USD
CY2020Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1663556000 USD
CY2020Q3 virt Securities Loaned Fair Value Disclosure
SecuritiesLoanedFairValueDisclosure
705789000 USD
CY2020Q3 virt Securities Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesSoldUnderAgreementsToRepurchaseFairValueDisclosure
466995000 USD
CY2020Q3 srt Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
675032000 USD
CY2020Q3 srt Payables To Customers
PayablesToCustomers
141980000 USD
CY2020Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
3778326000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
732164000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
41116000 USD
CY2019Q4 us-gaap Securities Borrowed Fair Value Disclosure
SecuritiesBorrowedFairValueDisclosure
1928763000 USD
CY2019Q4 us-gaap Federal Funds Sold And Securities Borrowed Or Purchased Under Agreements To Resell Fair Value Disclosure
FederalFundsSoldAndSecuritiesBorrowedOrPurchasedUnderAgreementsToResellFairValueDisclosure
143032000 USD
CY2019Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
1318584000 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
4163659000 USD
CY2019Q4 us-gaap Shortterm Debt Fair Value
ShorttermDebtFairValue
75586000 USD
CY2019Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
1966850000 USD
CY2019Q4 virt Securities Loaned Fair Value Disclosure
SecuritiesLoanedFairValueDisclosure
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CY2019Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
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CY2020Q3 us-gaap Securities Borrowed Gross
SecuritiesBorrowedGross
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CY2020Q3 us-gaap Securities Borrowed
SecuritiesBorrowed
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CY2020Q3 virt Securities Borrowed Not Offset Financial Instruments
SecuritiesBorrowedNotOffsetFinancialInstruments
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CY2020Q3 us-gaap Securities Borrowed Collateral Obligation To Return Cash
SecuritiesBorrowedCollateralObligationToReturnCash
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CY2020Q3 virt Securities Borrowed Net
SecuritiesBorrowedNet
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CY2020Q3 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
17413000 USD
CY2020Q3 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
17413000 USD
CY2020Q3 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnSecurities
17397000 USD
CY2020Q3 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash
0 USD
CY2020Q3 us-gaap Securities Purchased Under Agreements To Resell Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
16000 USD
CY2020Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
2032619000 USD
CY2020Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
662412000 USD
CY2020Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed
1370207000 USD
CY2020Q3 virt Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Not Offset Financial Instruments
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetFinancialInstruments
1306263000 USD
CY2020Q3 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Cash
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash
22452000 USD
CY2020Q3 virt Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Net
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNet
41492000 USD
CY2020Q3 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
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CY2020Q3 us-gaap Securities Loaned
SecuritiesLoaned
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CY2020Q3 us-gaap Securities Loaned Collateral Right To Reclaim Securities
SecuritiesLoanedCollateralRightToReclaimSecurities
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CY2020Q3 us-gaap Securities Loaned Collateral Right To Reclaim Cash
SecuritiesLoanedCollateralRightToReclaimCash
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CY2020Q3 us-gaap Securities Loaned Amount Offset Against Collateral
SecuritiesLoanedAmountOffsetAgainstCollateral
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CY2020Q3 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
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CY2020Q3 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
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CY2020Q3 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
466835000 USD
CY2020Q3 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0 USD
CY2020Q3 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
160000 USD
CY2020Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
1910989000 USD
CY2020Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
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CY2020Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
1256317000 USD
CY2020Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
1155767000 USD
CY2020Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
91349000 USD
CY2020Q3 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
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CY2019Q4 us-gaap Securities Borrowed Gross
SecuritiesBorrowedGross
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CY2019Q4 us-gaap Securities Borrowed
SecuritiesBorrowed
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CY2019Q4 virt Securities Borrowed Not Offset Financial Instruments
SecuritiesBorrowedNotOffsetFinancialInstruments
1881005000 USD
CY2019Q4 us-gaap Securities Borrowed Collateral Obligation To Return Cash
SecuritiesBorrowedCollateralObligationToReturnCash
15280000 USD
CY2019Q4 virt Securities Borrowed Net
SecuritiesBorrowedNet
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CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
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CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell
SecuritiesPurchasedUnderAgreementsToResell
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CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Securities
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnSecurities
142922000 USD
CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash
SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash
0 USD
CY2019Q4 us-gaap Securities Purchased Under Agreements To Resell Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
110000 USD
CY2019Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
2322885000 USD
CY2019Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
211398000 USD
CY2019Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed
2111487000 USD
CY2019Q4 virt Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Not Offset Financial Instruments
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotOffsetFinancialInstruments
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CY2019Q4 us-gaap Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Cash
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash
15280000 USD
CY2019Q4 virt Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Net
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNet
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CY2019Q4 us-gaap Securities Loaned Gross
SecuritiesLoanedGross
1600099000 USD
CY2019Q4 us-gaap Securities Loaned
SecuritiesLoaned
1600099000 USD
CY2019Q4 us-gaap Securities Loaned Collateral Right To Reclaim Securities
SecuritiesLoanedCollateralRightToReclaimSecurities
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CY2019Q4 us-gaap Securities Loaned Collateral Right To Reclaim Cash
SecuritiesLoanedCollateralRightToReclaimCash
15281000 USD
CY2019Q4 us-gaap Securities Loaned Amount Offset Against Collateral
SecuritiesLoanedAmountOffsetAgainstCollateral
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CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
SecuritiesSoldUnderAgreementsToRepurchaseGross
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CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
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CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
340718000 USD
CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash
0 USD
CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral
SecuritiesSoldUnderAgreementsToRepurchaseAmountOffsetAgainstCollateral
24000 USD
CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
2140482000 USD
CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
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CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
1943947000 USD
CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
1895951000 USD
CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
15281000 USD
CY2019Q4 us-gaap Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
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CY2020Q3 virt Repurchase Agreement Remaining Contractual Maturity
RepurchaseAgreementRemainingContractualMaturity
466995000 USD
CY2020Q3 virt Securities Lending Transaction Remaining Contractual Maturity
SecuritiesLendingTransactionRemainingContractualMaturity
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CY2019Q4 virt Repurchase Agreement Remaining Contractual Maturity
RepurchaseAgreementRemainingContractualMaturity
340742000 USD
CY2019Q4 virt Securities Lending Transaction Remaining Contractual Maturity
SecuritiesLendingTransactionRemainingContractualMaturity
1600099000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2020Q3 us-gaap Revenues
Revenues
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CY2020Q3 us-gaap Revenues
Revenues
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CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2019Q3 us-gaap Revenues
Revenues
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us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
23100000 USD
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
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CY2019Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2019Q3 us-gaap Revenues
Revenues
382340000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
452333000 USD
us-gaap Revenues
Revenues
2562635000 USD
us-gaap Revenues
Revenues
2562635000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
359894000 USD
us-gaap Revenues
Revenues
1117873000 USD
us-gaap Revenues
Revenues
1117873000 USD
CY2020Q3 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
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CY2019Q3 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
300000 USD
CY2020Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
54000000.0 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
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us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
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CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
8600000 USD
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.209
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.160
CY2020Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
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CY2019Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
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CY2020Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
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CY2019Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
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CY2020Q3 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
0.0 USD
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
91300000 USD
CY2020Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
0.0 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
19200000 USD
CY2020Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
3700000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9100000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2015Q4 virt Loss Contingency Amount Of Fine
LossContingencyAmountOfFine
5000000.0 EUR
CY2015Q4 virt Loss Contingency Amount Of Fine
LossContingencyAmountOfFine
5400000 USD
CY2017Q4 virt Loss Contingency Amount Of Fine
LossContingencyAmountOfFine
3300000 EUR
CY2017Q4 virt Loss Contingency Amount Of Fine
LossContingencyAmountOfFine
3900000 USD
CY2018Q4 virt Loss Contingency Amount Of Fine
LossContingencyAmountOfFine
3000000.0 EUR
CY2018Q4 virt Loss Contingency Amount Of Fine
LossContingencyAmountOfFine
3400000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2020Q3 virt Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
36093000 USD
CY2019Q4 virt Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
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CY2020Q3 virt Finance Lease Right Of Use Asset Accumulated Depreciation
FinanceLeaseRightOfUseAssetAccumulatedDepreciation
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CY2019Q4 virt Finance Lease Right Of Use Asset Accumulated Depreciation
FinanceLeaseRightOfUseAssetAccumulatedDepreciation
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CY2020Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
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CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
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CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y3D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y6M
CY2020Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y29D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y5M12D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0567
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0570
CY2020Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0317
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0352
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
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CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
18637000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
55333000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
52722000 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
2393000 USD
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
2352000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
6614000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
6365000 USD
CY2020Q3 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
CY2019Q3 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
1185000 USD
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
27042000 USD
CY2020Q3 us-gaap Lease Cost
LeaseCost
20914000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
22174000 USD
us-gaap Lease Cost
LeaseCost
61947000 USD
us-gaap Lease Cost
LeaseCost
86129000 USD
CY2020Q3 us-gaap Sublease Income
SubleaseIncome
4399000 USD
CY2019Q3 us-gaap Sublease Income
SubleaseIncome
3024000 USD
us-gaap Sublease Income
SubleaseIncome
11994000 USD
us-gaap Sublease Income
SubleaseIncome
8939000 USD
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
CY2020Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2668000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3277000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
8838000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
9329000 USD
CY2020Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
97000 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
165000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
339000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
525000 USD
CY2020Q3 virt Finance Lease Cost
FinanceLeaseCost
2765000 USD
CY2019Q3 virt Finance Lease Cost
FinanceLeaseCost
3442000 USD
virt Finance Lease Cost
FinanceLeaseCost
9177000 USD
virt Finance Lease Cost
FinanceLeaseCost
9854000 USD
CY2019Q3 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-1300000 USD
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-66500000 USD
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
27000000.0 USD
virt Write Off Of Leasehold And Fixed Assets
WriteOffOfLeaseholdAndFixedAssets
37900000 USD
virt Dilapidation Charges
DilapidationCharges
1500000 USD
CY2020Q3 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
19414000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
3040000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
74907000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
6774000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
68629000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
4035000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
65048000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1438000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
34779000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2020Q3 virt Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
141713000 USD
CY2020Q3 virt Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
0 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
404490000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
15287000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
73864000 USD
CY2020Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
862000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
330626000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
14425000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
76118000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
10929000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
73062000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
3305000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
66850000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
565000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
63676000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
32144000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
141371000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
453221000 USD
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
14799000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
87857000 USD
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1428000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
365364000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
13371000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
567677000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
732164000 USD
CY2020Q3 us-gaap Restricted Cash
RestrictedCash
98285000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
41116000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
665962000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
773280000 USD
virt Number Of Classes Of Common Stock
NumberOfClassesOfCommonStock
4 class
CY2020Q3 virt Nonvoting Common Interest Units Outstanding
NonvotingCommonInterestUnitsOutstanding
5499713 shares
CY2019Q4 virt Nonvoting Common Interest Units Outstanding
NonvotingCommonInterestUnitsOutstanding
7919952 shares
virt Nonvoting Common Interest Units Forfeited Or Repurchased
NonvotingCommonInterestUnitsForfeitedOrRepurchased
2420239 shares
virt Nonvoting Common Interest Units Forfeited Or Repurchased
NonvotingCommonInterestUnitsForfeitedOrRepurchased
823456 shares
CY2020Q3 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
13200000 USD
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
13200000 USD
CY2020Q3 us-gaap Revenues
Revenues
656112000 USD
CY2019Q3 us-gaap Revenues
Revenues
382340000 USD
us-gaap Revenues
Revenues
2562635000 USD
us-gaap Revenues
Revenues
1117873000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
virt Number Of Non Operating Segments
NumberOfNonOperatingSegments
1 segment
CY2020Q3 us-gaap Revenues
Revenues
656112000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
252515000 USD
CY2019Q3 us-gaap Revenues
Revenues
382340000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5828000 USD
us-gaap Revenues
Revenues
2562635000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1123272000 USD
us-gaap Revenues
Revenues
1117873000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-88610000 USD
CY2020Q3 us-gaap Due From Affiliates
DueFromAffiliates
2900000 USD
CY2019Q4 us-gaap Due From Affiliates
DueFromAffiliates
1300000 USD

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