"Slippage from trading execution remains a significant source of market friction. We believe Imperative’s alternative trading system has the ability improve execution performance across the equities markets, resulting in greater buy side performance."
"Reduction of implicit costs is almost always cited by the buy side trading community as one of their most pressing objectives. IntelligentCross’ use of AI to address this issue is one of the more novel approaches we’ve seen, the early results seem to be validating their approach."
“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.”