Moody's Investors Service ("Moody's") today affirmed the Ba3 senior secured first lien term loan and issuer ratings of VFH Parent LLC (Virtu) and assigned a Ba2 corporate family rating (CFR). VFH Parent LLC is a subsidiary of Virtu Financial, Inc. and is an intermediate holding company that indirectly controls all of Virtu's major operating subsidiaries. The assignment of the Ba2 CFR reflects its franchise as a technology-driven provider of market making and related execution services, combined with a history of solid financial results and effective risk management, offset by Virtu's inherently high operational risk and aggressive owner distribution policies.