US trading firm Virtu weighs foray into China market-making business

June 13, 2025--Virtu Financial Inc, one of the world's largest trading and market-making firms, is eyeing an entry into China, a top executive said, to tap into the rising and lucrative trading opportunities in the market.
Reuters reported in April that China is considering opening its $520 billion ETF market to Western market makers, potentially attracting firms such as Citadel Securities, Jane Street, and Amsterdam-based Optiver.

"China presents a long-term growth opportunity for Virtu due to its scale and increasing openness," Brett Fairclough, co-president and co-chief operating officer of Virtu told Reuters in an email statement. A potential onshore Chinese presence would be a natural extension of Virtu's Asia operations and aligns with its disciplined global expansion approach, he added.