Head Of Execution Research At Bernstein News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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STAMFORD, Conn., Dec. 16, 2020 /PRNewswire/ Imperative Execution, Inc. today announced that IntelligentCross, its AI-powered equity trading venue, offers better displayed prices than the exchanges nearly 7 million times per day, offering an average price improvement of 30% of the publicly available spread, according to Exegy, independent market data firm and a recognized thought leader in market data and predictive signals.
For example, the spread for Tesla, Inc. on IntelligentCross at those times is 32% better on average than the best price available on the exchanges.
The superior quotes on IntelligentCross are due to our AI innovation in matching buyers and sellers close to fair value, said Roman Ginis, founder and CEO of Imperative Execution. We are pleased that Exegy, which distributes our prices to major U.S. brokers, has just independently analyzed our price data and reports significant improvement versus exchange q ....

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