| Schedule of Regulatory Capital and Regulatory Capital Requirements |
The regulatory capital and regulatory capital requirements of the Company’s U.S. subsidiary as of June 30, 2025 was as follows: | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Regulatory Capital | | Regulatory Capital Requirement | | Excess Regulatory Capital | | Virtu Americas LLC | | $ | 398,264 | | | $ | 2,479 | | | $ | 395,785 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The regulatory capital and regulatory capital requirements of the Company’s U.S. subsidiaries as of December 31, 2024 was as follows: | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Regulatory Capital | | Regulatory Capital Requirement | | Excess Regulatory Capital | | Virtu Americas LLC | | $ | 455,678 | | | $ | 1,532 | | | $ | 454,146 | | | RFQ-hub Americas LLC | | 602 | | | 9 | | | 593 | |
The regulatory net capital balances and regulatory capital requirements applicable to the Company’s foreign subsidiaries as of June 30, 2025 were as follows: | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Regulatory Capital | | Regulatory Capital Requirement | | Excess Regulatory Capital | | Canada | | | | | | | | Virtu Canada Corp (1) | | $ | 12,562 | | | $ | 184 | | | $ | 12,378 | | | | | | | | | | | | | | | | | Ireland | | | | | | | | Virtu Europe Trading Limited (1) | | 90,548 | | | 29,786 | | | 60,762 | | | Virtu Financial Ireland Limited (1) | | 124,041 | | | 67,056 | | | 56,985 | | | United Kingdom | | | | | | | Virtu ITG UK Limited (1) | | 2,261 | | | 1,030 | | | 1,231 | | | Asia Pacific | | | | | | | | Virtu ITG Australia Limited | | 30,737 | | | 15,163 | | | 15,574 | | | Virtu ITG Hong Kong Limited | | 5,132 | | | 482 | | | 4,650 | | | Virtu ITG Singapore Pte Limited | | 866 | | | 176 | | | 690 | | | Virtu Financial Singapore Pte. Ltd. | | 238,855 | | | 131,604 | | | 107,251 | | | (1) Preliminary | | | | | | | |
The regulatory net capital balances and regulatory capital requirements applicable to the Company’s foreign subsidiaries as of December 31, 2024 were as follows: | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Regulatory Capital | | Regulatory Capital Requirement | | Excess Regulatory Capital | | Canada | | | | | | | | Virtu Canada Corp | | $ | 12,327 | | | $ | 174 | | | $ | 12,153 | | | Virtu Financial Canada ULC (1) | | — | | | — | | | — | | | Ireland | | | | | | | | Virtu Europe Trading Limited | | 57,834 | | | 26,359 | | | 31,475 | | | Virtu Financial Ireland Limited | | 76,457 | | | 29,764 | | | 46,693 | | | United Kingdom | | | | | | | | Virtu ITG UK Limited | | 2,043 | | | 939 | | | 1,104 | | | Asia Pacific | | | | | | | | Virtu ITG Australia Limited | | 24,928 | | | 9,550 | | | 15,378 | | | Virtu ITG Hong Kong Limited | | 5,392 | | | 426 | | | 4,966 | | | Virtu ITG Singapore Pte Limited | | 1,120 | | | 166 | | | 954 | | | Virtu Financial Singapore Pte. Ltd. | | 219,817 | | | 136,891 | | | 82,926 | | (1) Virtu Financial Canada ULC has resigned from membership with the Canadian Investment Regulatory Organization (“CIRO”) effective January 22, 2025, and its regulatory capital requirement as of December 31, 2024 was waived by CIRO. |
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