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Virtu Financial - ‘zero risk’ algo trading via NYT

The photograph above captures the slick servers of algorithmic trading company Virtu Financial. They have been criticised for their infallible algorithmic efficiency. 

other investors portray high-frequency trading as a parasitic force in the market, shaving pennies from countless stock trades. Mr. Schneiderman said in his speech that high-frequency firms “appear to trade with virtually no risk.”

One such firm, Virtu Financial, provided a window into its strategy last week in a prospectus for its initial public offering. The firm said that out of 1,238 trading days through the end of last year, it experienced only one day of losses.