From Ideation to Seamless Trade Execution

  • Don't compromise anymore.
  • Get insightful answers to your trading questions in real time.
  • Get sophisticated execution algos that adapt to your trading strategies.
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    12B*

    Avg US shares traded per day

  • ingenuity

    $600B*

    Avg US dollars traded per day

  • ingenuity

    18% YoY*

    Avg Annual Growth over last 6 years

  • ingenuity

    $4.4B*

    Annual US Commission Paid

* Internal data and Industry sources

AI-native execution infrastructure for institutional trading teams

Real-time execution analytics. Trader-controlled workflows. Modern infrastructure built for the buy side.

  • One workflow from insight to execution
  • Real-time intelligence and intra-trade monitoring
  • Institutional controls and full transparency
  • Built for speed, scale, and reliability
Trade Lifecycle Coverage

AI embedded across the entire trade lifecycle

Context at every stage. You stay in control.

Before the trade 1
Market Snapshot
ADV (20D) 1.2M
Spread (bps) 1.6
Volatility MODERATE

Before the trade

Surface market context and liquidity intelligence to support your plan.

During the trade 2
Execution Progress
Participation 20%
Filled 64% ON TRACK
Venue mix SMART MIX

During the trade

Monitor orders and venues in real time as market conditions evolve.

After the trade 3
Implementation Shortfall
IS (bps) 0.72
vs Arrival (bps) 0.68
Completion 100%

After the trade

Review execution outcomes with transparent, auditable TCA analytics.

Natural-language analysis 4

"How did we perform vs our VWAP target?"

You completed 750,000 shares at 0.72 bps IS, within your participation target of 20%.

Natural-language analysis

Ask questions in plain language. Get precise, data-backed answers instantly.

Execution Suite

Execution algos built for institutional scale

An extensible suite across venues and asset classes — powered by a unified intelligence layer.

SOR

SOR

Smart Order Router

How it works?

Dynamically routes order flow across all available venues in real time, selecting the optimal combination of lit markets, dark pools, and internalizers. Minimizes market impact by intelligently sequencing fills and adapting routing logic to live liquidity conditions — with no separate routing layer to create friction.

  • High-urgency executions
  • Fragmented or illiquid names
  • Reducing information leakage
POV

POV

Percentage of Volume

How it works?

Participates at a user-defined percentage of real-time market volume, automatically throttling or accelerating pace to maintain the target rate. Ingenuity's POV uses live venue-level volume data for accurate participation tracking — avoiding the over- or under-fills common with delayed volume estimates.

  • Risk-managed position building
  • Momentum-sensitive flow
  • Correlated basket execution
View details
TWAP

TWAP

Time Weighted Avg Price

How it works?

Evenly distributes order quantity across a defined time window with randomized sub-order sizing and timing to minimize footprint. Integrated SOR ensures each slice is filled at the best available price across venues, reducing the predictability that pure schedule-based TWAP strategies expose.

  • Systematic / quant strategies
  • Low-ADV names needing patience
  • Minimizing market signaling
View details
Dynamic VWAP

Dynamic VWAP

Volume Weighted Avg Price

How it works?

Executes in proportion to predicted intraday volume curves, recalibrated every minute using live traded volume, overnight news signals, and pre-open data. Unlike static VWAP, Ingenuity's implementation is forward-looking — adjusting for corporate events and macro news before they move the tape.

  • Benchmark-sensitive mandates
  • Large orders over a full day
  • Event-driven names
View details
Ingenuity Explorer

Ingenuity Explorer

Opportunistic Dark Liquidity

How it works?

Actively searches for hidden liquidity across dark pools and alternative venues before routing to lit markets — reducing market impact and information leakage on large orders. Uses real-time adverse selection signals to distinguish genuine natural liquidity from toxic flow, improving fill quality and minimizing reversion.

  • Block-size institutional orders
  • Minimizing footprint on large trades
  • Names with wide lit spreads
View details
Ingenuity Explorer

Ingenuity Inline

Trade Within the Market's Capacity.

How it works?

Ingenuity Inline continuously estimates the market impact associated with executing the remaining order. Rather than relying on a fixed participation window, Inline dynamically adjusts its execution envelope as projected impact changes — expanding when liquidity improves and contracting when the market becomes more sensitive. The result is an impact-aware execution path that adapts throughout the order while respecting user-defined urgency and controls.

  • Estimate Market Capacity
  • Set Dynamic Impact Envelope
  • Execute Within the Band
  • Recalculate & Adapt
View details
Ingenuity Explorer

Custom Algorithmic Execution

Execution logic built around how you trade.

Four distinct ways to adapt execution.

Each Ingenuity strategy starts with a different execution objective. Custom algos can preserve one of these behaviors or combine selected components into a workflow-specific strategy.

  • POV
  • TWAP
  • VWAP
  • Explorer
  • Inline
View details
INFRASTRUCTURE

Built for institutional workflows

Every component engineered to the standard institutional trading teams require.

U.S. Equities

Deep coverage across lit and dark venues — NYSE, NASDAQ, BATS, ARCA, and alternative liquidity pools. FIX-compatible for seamless OMS and EMS connectivity.

Low-latency infrastructure

Co-located and optimized for ultra low latency execution. Built for the microseconds that matter.

Trader-defined controls

Full control over algo parameters, risk limits, venue preferences, and participation caps. Complete audit trail for best-execution documentation and compliance.

Real-time analytics

Live signals and insights across the trade lifecycle — IS, market impact, venue attribution, and full workflow analytics post-trade.