“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.”
"AI is well suited to disrupt the status quo in equity trading because of its unique characteristics: readily measurable performance, well-defined investor objectives and a history of accepting technological disruption. The time is right for an AI-driven ‘smart venue’."
"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."