Optimize Your Trade

Democratizing Great Execution

$639+ billion
displayed order value per day9
<17 microseconds
response time11
330+ million
orders per day8
100% in-house
in-houscode
80+ major brokers
trading daily10
  • $6 trillion

    order value per day

  • 200+ million

    orders per day

  • $10 billion

    Trades daily on IntelligentCross

  • 100%

    in-house code

  • 100 major brokers

    trading daily

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Performance. Scaleability. Modern AI.

Imperative Execution is the parent company of IntelligentCross US equities ATS - the first venue to use artificial intelligence (AI) to optimize trading performance. Its matching logic optimizes price discovery and minimizes market impact, enhancing market efficiency.

We build our trading platforms with close-to-the-hardware, massively parallel transaction processing that optimizes raw performance and fully utilizes modern multi-core, huge-memory servers.

What do they say

Feedback

“We’ve been trading on IntelligentCross since it launched and have found it to be a significant value-add for our clients. In terms of improving execution quality, they are without question doing what they set out to do.”

Brian Bulthuis
Head of America Quantitative Trading Strategy, Instinet

"Our analysis indicates IntelligentCross provides consistently superior prices compared to the best quotes available on U.S. exchanges."

David Taylor
Exegy Chief Technology Officer

"For the third quarter of 2020, Bernstein has traded $2.2 billion through IntelligentCross Midpoint, saving roughly $400,000 in post-match market movement at 20 milliseconds after the match, computed as the mid-to-mid markout for all their trades."

Nataliya Bershova, Ph.D.
Head of Execution Research at AB Bernstein

Team

For Practitioners.
By Practitioners.

We were raised in the trenches. As deeply experienced equity traders, analysts and engineers from both the buy and sell sides, we know how to identify and focus on what really matters.

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