Imperative Execution

Yakov Itai Samelson
April 4, 2024
 
Imperative Execution is an advanced AI Stock Trading Platform designed to optimize trading performance for institutional investors. By leveraging artificial intelligence, it aims to minimize market impact and enhance price discovery. This platform operates IntelligentCross, an alternative trading system (ATS) that uses AI to schedule order matching, thereby reducing the cost of trading and improving market efficiency. Imperative Execution stands out for its innovative use of technology to address longstanding challenges in the financial trading landscape.

 

Imperative Execution Facts

Starting Price: Contact Sales Team
Pricing Model: Contact Sales Team
Free Trial: No
Free Plan: Not Available
Languages: English
Established: 2016

Imperative Execution

 

What is Imperative Execution?

Imperative Execution is a financial technology company that has developed IntelligentCross, an AI-powered alternative trading system (ATS) designed to significantly reduce market impact and optimize trading performance for its users. This platform is particularly focused on serving institutional investors, offering them a smarter venue for their trading activities. By employing advanced artificial intelligence algorithms, Imperative Execution aims to improve the efficiency of the market, making it a valuable tool for investors looking to minimize their market footprint while maximizing liquidity. The platform’s innovative approach to trading, combined with its focus on reducing the implicit costs associated with trading, such as market impact and price dislocation, positions it as a noteworthy player in the financial technology sector.

 

How Does Imperative Execution Work?

Imperative Execution operates by utilizing its proprietary AI technology to intelligently schedule the matching of buy and sell orders in a way that minimizes market impact. This process is facilitated through its platform, IntelligentCross, which employs a unique, AI-assisted scheduled matching mechanism. The system continuously analyzes market conditions and adapts its matching frequency to optimize for both liquidity provision and market impact minimization. This adaptive approach allows IntelligentCross to provide consistently superior prices compared to those available on traditional exchanges.

The platform’s AI algorithms are designed to learn from each trade executed, enhancing their ability to predict the optimal timing for order matching. This learning process is crucial for maintaining minimal market impact, as it enables the system to adjust its strategies in real-time based on current market dynamics. By doing so, Imperative Execution ensures that institutional investors can execute large orders without significantly affecting the market price, thereby preserving the value of their trades.

Furthermore, Imperative Execution’s IntelligentCross offers two distinct matching models: ASPEN and MIDPOINT. ASPEN operates as a near-continuous limit order book, matching orders at calibrated intervals to maximize price stability. MIDPOINT, on the other hand, focuses on executing trades at the midpoint of the best bid and offer, providing maximum price efficiency for participants. Both models are designed to cater to the diverse needs of institutional investors, offering them a range of options to optimize their trading strategies.

 

 

Imperative Execution Features

AI-Powered Order Matching

The platform uses advanced artificial intelligence to intelligently match buy and sell orders, optimizing for minimal market impact and improved price discovery, ensuring efficient trade execution.

Adaptive Matching Frequency

Imperative Execution dynamically adjusts the frequency of its order matching based on real-time market conditions, which helps in reducing market impact and enhancing trade value for participants.

IntelligentCross ATS

This feature represents a significant innovation in trading technology, offering an alternative trading system that leverages AI to provide superior execution quality and liquidity.

Real-Time Learning Algorithms

The platform’s algorithms continuously learn from each transaction, allowing for real-time adjustments that improve matching strategies and minimize the cost of trading over time.

ASPEN and MIDPOINT Matching Models

Imperative Execution offers two distinct matching models, ASPEN for near-continuous limit order book matching and MIDPOINT for executing trades at the midpoint of the best bid and offer.

Market Impact Minimization

By scheduling order matches in a way that considers current market conditions, the platform significantly reduces the market impact of large trades, preserving the value of large orders.

 

 

Imperative Execution Pricing Plan

Imperative Execution offers 1 pricing plan: The platform’s fee structure is based on a base rate charged for transactions, specifically tailored for its ASPEN and MIDPOINT models.

ASPEN and MIDPOINT Fee: This plan is designed to cater to institutional investors looking for efficient, AI-powered trading solutions. The fee for both the ASPEN and MIDPOINT models is set at $0.0008 per share, offering a straightforward and competitive pricing structure. This plan includes access to both the ASPEN and MIDPOINT matching models, real-time learning algorithms for optimized order matching, and AI-powered order matching to minimize market impact and enhance price discovery.

Imperative Execution accepts credit cards, PayPal, and bank wire transfers for payment.

 

Who Should Use Imperative Execution?

Imperative Execution is ideally suited for institutional investors, such as hedge funds, mutual funds, and pension funds, looking for advanced trading solutions to minimize market impact and improve execution quality. Its AI-powered platform is also beneficial for financial technology firms and quantitative traders seeking to leverage artificial intelligence for optimized trading strategies. The platform’s focus on reducing the cost of trading and its innovative matching models make it a valuable tool for any institution aiming to enhance their trading efficiency and market footprint management.

 

 

Imperative Execution FAQs

What is Imperative Execution and how does it benefit traders?

Imperative Execution is a financial technology company that operates IntelligentCross, an AI-powered alternative trading system designed to optimize trading performance. It benefits traders by minimizing market impact and enhancing price discovery, which can lead to cost savings and improved market efficiency.

How does AI contribute to Imperative Execution’s platform?

AI is central to Imperative Execution’s platform, providing the intelligence behind its order matching logic. It analyzes market conditions and trader behavior to optimize the timing and pricing of trades, aiming to reduce market impact and improve execution quality.

What is IntelligentCross and how is it different from other trading platforms?

IntelligentCross is an alternative trading system that uses AI to schedule order matching. Unlike traditional trading platforms, it focuses on minimizing market impact and optimizing price discovery, which can result in better execution prices for traders.

Can Imperative Execution’s platform be used by all types of traders?

Imperative Execution is particularly beneficial for institutional investors, such as hedge funds and mutual funds, who require sophisticated trading solutions to manage large order volumes without significantly impacting the market.

What are the key features of Imperative Execution’s trading platform?

Key features include AI-powered order matching, adaptive matching frequency, real-time learning algorithms, and the IntelligentCross ATS, which together provide a robust and efficient trading experience.

What is the pricing model for Imperative Execution’s services?

Imperative Execution’s pricing is based on a per-share fee structure, with specific rates for its ASPEN and MIDPOINT models. The fee is competitive and designed to cater to the needs of institutional investors.

Does Imperative Execution offer any trial or free plan options?

Currently, Imperative Execution does not offer a free trial or free plan. The focus is on providing premium, AI-powered trading solutions to institutional investors.

What languages does Imperative Execution support?

Imperative Execution primarily supports English, catering to a wide range of institutional investors in the US equities market.

 

Conclusion

Imperative Execution stands out in the financial technology space with its AI-driven approach to minimizing market impact and optimizing trade execution. Its IntelligentCross platform is a testament to the company’s commitment to enhancing market efficiency and providing institutional investors with a competitive edge in trade execution.

Visit Imperative Execution Website