Stamford, CT – May 11, 2020 – Imperative Execution took top honors at a prestigious industry event to recognize leadership and innovation in the financial markets, the company announced today. Imperative Execution’s IntelligentCross trading venue was named “Best New Product” at the Markets Choice Awards.
Roman Ginis, Founder and CEO of Imperative Execution, said: “We are honored to receive this year’s best product award. IntelligentCross is the first US equities ATS that uses artificial intelligence (AI) to make trading better for institutional investors, and we are grateful to our subscribers for making it one of the fastest growing platforms in the US market.”
During the past two months of extreme market volatility, Intelligent Cross performed exceptionally well, helping clients navigate a very challenging time. Market impact – a measure of price movement after a trade occurs – was over 3 times lower on IntelligentCross than that seen on leading exchanges during this period.
Now in its eighth year, the Markets Choice Awards recognize the outstanding companies, individuals and innovation in institutional trading and technology, including buy-side traders, sell-side execution desks, exchanges and platforms, incumbent technology providers and emerging fintech firms.
Roman Ginis accepting the award for "Best New Product" at the Markets Choice Awards
About Imperative Execution
Imperative Execution is a financial technology company that created IntelligentCross ATS to optimize trading and reduce market impact — the biggest cost for institutional investors. It is a pioneer in using AI in the exchange space, bringing breakthrough performance improvement in matching buyers and sellers.