Rethinking Trade Matching: Roman Ginis, Imperative Execution

As the equities market has become increasingly electronic, it has become increasingly efficient. But the traditional exchange matching process, while down to microseconds, may not be the best way to match buyers and sellers. Historically, brokers have spent an enormous amount of energy building algorithms to slice and dice exchange orders to minimize market impact, notes Roman Ginis, CEO, Imperative Execution, which runs the IntelligentCross ATS. Speaking with TABB Group founder and research chairman Larry Tabb, Ginis explains the IntelligentCross mid-point matching process and how it minimizes price movement while maximizing matches.

Interviewer: Larry Tabb

Source: TABB TV

Categories: Equities, Fintech / Crypto

Topics: Equity trading, Market structure: Exchanges, ATSs, ECNs, Risk management, Trade Process Analysis, Trading technology infrastructure, Transaction cost research

TabbFORUM is an open community that provides a platform for capital markets professionals to share their ideas and thought leadership with their peers. The views and opinions expressed are solely those of the author(s). They do not necessarily reflect the opinions of TABB Group, its analysts, TabbFORUM and its editors, or their employees, affiliates and partners.

Comments

Add a Comment

Your email address will not be published. Required fields are marked *