Virtu Monetary founder Vincent Viola mentioned Friday that the power of the U.S. economic system is a sign that now is an effective time to purchase shares regardless of the current sell-off. 

Viola instructed CNBC's Scott Wapner on "Halftime Report" that the labor market confirmed that the U.S. economic system was nonetheless sturdy.

"I'm of the opinion that {the marketplace} is only one large alternative proper now," Viola mentioned. "Once more, the sectors, that is still for the non-public monetary advisor. From my perspective, there are structural adjustments within the economic system which are going to supply for long-term development for a couple of business."

The billionaire, whose agency is likely one of the world's largest excessive frequency buying and selling firms, mentioned he thinks the market was poised for a pullback earlier than the coronavirus began hitting the world economic system.

"I feel skilled buyers have been sitting on prime of a market that was sitting close to all-time highs. I feel we had a triggering occasion ... markets all the time search for causes to right. We're one commonplace...