Listen "NCI: Inside High-Frequency Trading: Myths, Market Making, Digital Assets & leadership w/ Doug Cifu, CEO Virtu Financial"
Episode Synopsis
0:00 - Introduction2:54 - Discussion of SEC legal matter6:54 - Regulation by enforcement in digital assets12:54 - Did Gensler make a "left turn"? Speculation on political influences15:34 - Overall arc of market execution over the years22:44 - Misconception around market-making23:04 - Explaining market making and "infinite liquidity"28:44 - Flash Boys book and misconceptions about HFT31:24 - How retail brokers route orders and assess execution quality35:54 - Payment for order flow40:44 - Market making during volatile events42:54 - Investment thesis behind Virtu's stake in IEX exchange45:54 - Prospects for a Bitcoin ETF approval under Gensler49:54 - Impact of AI/machine learning on trading52:44 - Doug's journey from lawyer to Virtu CEO58:54 - Growth trajectory and key milestones for Virtu1:11:54 - Doug's approach to hiring and leadership1:16:54 - Owning the Florida Panthers hockey team1:20:54 - Doug's perspective on Virtu stock valuation
Connect with Us Online:Lumida NewsLumida DealsLumida WealthLumida ETF Watch the video on Youtube: https://www.youtube.com/@Lumida_Wealth🌐 Website: https://www.lumidawealth.com🐦 Twitter Follow us on https://twitter.com/LumidaWealth🎵 TikTok: https://www.tiktok.com/@lumidawealth📸 Instagram: https://www.instagram.com/lumidawealth📘 Facebook: https://www.facebook.com/lumidawealth
Connect with Us Online:Lumida NewsLumida DealsLumida WealthLumida ETF Watch the video on Youtube: https://www.youtube.com/@Lumida_Wealth🌐 Website: https://www.lumidawealth.com🐦 Twitter Follow us on https://twitter.com/LumidaWealth🎵 TikTok: https://www.tiktok.com/@lumidawealth📸 Instagram: https://www.instagram.com/lumidawealth📘 Facebook: https://www.facebook.com/lumidawealth
More episodes of the podcast Lumida Wealth : Non-Consensus Invest Beyond the Ordinary
What If This is Goldilocks?
25/10/2025
Stablecoins: The Future of Visa and Payments
07/08/2025
Banking Bitcoin: Caitlin Long vs. The System
11/07/2025
Community & Capital; Stablecoins; Landman
09/07/2025
Don't Call It a Comeback
28/06/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.