virtu-market-microstructure
Installation
SKILL.md
Virtu Financial Style Guide
Overview
Virtu Financial is one of the world's largest electronic market makers and execution services providers. They specialize in providing liquidity across asset classes and offer execution algorithms to institutional clients. Their edge comes from deep understanding of market microstructure—how orders interact with markets.
Core Philosophy
"Execution is not a cost center; it's an alpha opportunity."
"Every basis point of slippage is money left on the table."
"The market is not a monolith; it's a network of venues with different characteristics."
Virtu believes that how you execute is as important as what you execute. Understanding market microstructure—order queues, venue characteristics, information leakage—is essential to minimizing trading costs.
Design Principles
- Microstructure Matters: Order types, queue priority, and venue selection are critical.