It's time for a smarter trading venue

New US Equities ATS | Two high performance orders books:

New US Equities ATS
Two high performance orders books:

ASPEN MIDPOINT

A new kind of displayed liquidity.

Uniquely Tight Spreads.

Best quote on the market:
2M times/day.

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Unparalleled (Out) Performance

Massively Lower Market Impact

85% lower than exchange average.

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Your Partner in Great Execution

It shouldn’t be this hard to trade well. We created a venue with a smarter matching process that uses artificial intelligence (AI) to automatically minimize market impact and adverse selection – the largest institutional costs of trading. Leading trading firms are using IntelligentCross to do larger trades at lower cost.

Unparalleled (out) Performance

ASPEN A.I takes price discovery to a new level

85% lower Market Impact vs exchanges at the Midpoint
35% of ASPEN quotes improve the NBBO.
22% average ASPEN spread improvement vs the NBBO.
$1.7B / year of savings available to investors.

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Assumptions: Comparison of market impact in Midpoint vs Exchange average midpoint 20 ms after trade.

Why make a venue 'intelligent'?

Traditional venues require investors to have sophisticated and expensive infrastructure to avoid trading at stale prices, avoid getting picked off, and to minimize signaling. With IntelligentCross, we’ve put the sophistication into the venue, where our AI-calibrated matching process enables investors to achieve high execution performance with much less effort.

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Request access. We work with leading brokers:

Baird

Bank of America

Barclays

CLSA

Citi

Clearpool

Cowen

Credit Suisse

DASH Financial Technologies

Evercore ISI

FIS Brokerage

Fidelity Capital Markets

Fox River Execution

Global Liquidity Partners

Instinet

J.P. Morgan

Jefferies

Morgan Stanley

Piper Sandler

RBC Capital Markets

Raymond James

Sanford C. Bernstein & Co

UBS

Virtu Financial

Wells Fargo

Intelligentcross optimizes order matching and help you reduce market impact and adverse selection while maximizing liquidity.

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1. Estimated savings to investors due to lower market impact using the value traded on IntelligentCross ATS since launch.