Imperative Execution has filed a letter with the SEC in response to comments filed on the FINRA proposed rule change to add the IntelligentCross ATS as a new entrant to the Alternative Display Facility (“ADF”).
The letter provides additional information on how IntelligentCross operates; why the addition of IntelligentCross’ displayed liquidity through the ADF will improve market efficiency, transparency, and execution quality; and why the proposal is consistent with both the spirit of, and applicable requirements under, Regulation NMS.
Read the February 2023 Imperative Execution comment letter here.
Imperative Execution filed a supplemental letter with the SEC in response to comments filed on the FINRA proposed rule change to add IntelligentCross ATS as a new entrant to the ADF.
Read the July 2023 Imperative Execution comment letter here.
