Difference between revisions of "Imperative Execution"

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The idea for the venue came to Ginis while a "medium-frequency" trader for Cubist, employing algorithms that held stocks for only a day or two. In his role as a quant trader, Ginis had to deal with the problems posed by slippage, or the phenomenon of prices running away from a market participant when trying to execute a large order. <ref>{{cite web|url=https://www.wsj.com/articles/steven-cohen-targets-high-frequency-trading-with-dark-pool-venture-1523994344|name=Steven Cohen Targets High-Frequency Trading With ‘Dark Pool’ Venture|org=WSJ|date=December 18, 2018}}</ref>
 
The idea for the venue came to Ginis while a "medium-frequency" trader for Cubist, employing algorithms that held stocks for only a day or two. In his role as a quant trader, Ginis had to deal with the problems posed by slippage, or the phenomenon of prices running away from a market participant when trying to execute a large order. <ref>{{cite web|url=https://www.wsj.com/articles/steven-cohen-targets-high-frequency-trading-with-dark-pool-venture-1523994344|name=Steven Cohen Targets High-Frequency Trading With ‘Dark Pool’ Venture|org=WSJ|date=December 18, 2018}}</ref>
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== Products and Services ==
 
== Products and Services ==
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IntelligentCross
  
 
== Key People ==
 
== Key People ==

Revision as of 16:52, 18 December 2018

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Imperative execution.png
Founded 2016
Headquarters Stamford, Conn.
Key People Roman Ginis
Employees 15 - 30
Products ATS/Dark pool
LinkedIn Profile


Imperative Execution builds automated trading systems (ATS).

Its first product is the IntelligentCross ATS, due to launch in May 2019. Through a variety of features, IntelligentCross aims to negate the effect of high frequency traders on execution quality.[1]


History

Imperative Execution was founded by Roman Ginis, a former trader with Cubist Systematic Strategies, the systematic trading arm of Steve Cohen's Point72.

The idea for the venue came to Ginis while a "medium-frequency" trader for Cubist, employing algorithms that held stocks for only a day or two. In his role as a quant trader, Ginis had to deal with the problems posed by slippage, or the phenomenon of prices running away from a market participant when trying to execute a large order. [2]


Products and Services

IntelligentCross

Key People

Roman Ginis, CEO

References

  1. Steve Cohen's Point72 Ventures backs new trading site that combats high-speed traders. CNBC.
  2. Steven Cohen Targets High-Frequency Trading With ‘Dark Pool’ Venture. WSJ.