Condesed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities
Net Income	$ 51,356	$ 77,444
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	7,727	9,663
Amortization of purchased intangibles and acquired capitalized software	53	53
Amortization of debt issuance costs and deferred financing fees	468	376
Termination of office leases	292	2,729
Share based compensation	3,102	5,375
Equipment writeoff	428
Deferred taxes	2,530	713
Other	(3)	(501)
Changes in operating assets and liabilities:
Securities borrowed	(200,769)	(206,150)
Securities purchased under agreements to resell	14,981	31,191
Receivables from broker dealers and clearing organizations	(153,375)	(73,529)
Trading assets, at fair value	(226,460)	(532,799)
Other Assets	652	(11,189)
Securities loaned	166,069	459,035
Securities sold under agreements to repurchase		8,967
Payables to broker dealers and clearing organizations	(50,646)	39,882
Trading liabilities, at fair value	432,519	254,646
Accounts payable and accrued expenses and other liabilities	2,544	16,347
Net cash provided by operating activities	51,468	82,253
Cash flows from investing activities
Development of capitalized software	(2,003)	(2,251)
Acquisition of property and equipment	(1,287)	(4,065)
Net cash used in investing activities	(3,290)	(6,316)
Cash flows from financing activities
Distribution to members		(80,000)
Distribution from Virtu Financial to non-controlling interest	(41,240)
Dividends	(9,378)
Payments on repurchase of non-voting common interest	(500)	(597)
Repayment of senior secured credit facility	(1,275)
Repayment of short term borrowings	(13,000)
Net cash used in financing activities	(65,393)	(80,597)
Effect of exchange rate changes on Cash and cash equivalents	2,494	(4,633)
Net decrease in Cash and cash equivalents	(14,721)	(9,293)
Cash and cash equivalents, beginning of period	163,235	75,864
Cash and cash equivalents, end of period	148,514	66,571
Supplementary disclosure of cash flow information
Cash paid for interest	13,786	14,015
Cash paid for taxes	1,527
Non-cash investing activities
Compensation to developers subject to capitalization of software (of which $678 and $478 were capitalized for March 31, 2016 and 2015, respectively)	$ 1,842	$ 1,278