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Strategy Building Blocks

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.

01

POV

Adaptive participation that changes pace inside defined min/max participation bands as market conditions evolve.

Participation rateAdaptive targetAdverse selection signals
02

TWAP

Time-weighted execution that maintains schedule discipline while using signals to identify additional opportunistic execution.

Time-weighted scheduleOpportunity windowsSchedule recovery
03

VWAP

Volume-weighted execution that follows the market's expected volume curve while allowing adaptive participation around the schedule as liquidity and conditions change.

Volume curveSchedule trackingAdaptive participation
04

Explorer

Liquidity discovery focused on accessing non-displayed and alternative liquidity throughout the order.

Dark liquidityVenue selectionDisplayed + non-displayed
05

Inline

Impact-aware execution with dynamic bands that contract or expand based on projected market impact and market capacity.

Projected impactDynamic envelopeExecution intensity
Custom Algos

Compose the strategy around the workflow.

Build a parent-order lifecycle from any combination of VWAP, TWAP, POV, Explorer and Inline. Strategies can run sequentially, layer across one another, or use a hybrid structure with phase changes and persistent overlays.

Custom strategy composer

Build a multi-strategy parent order. Use Sequential for explicit handoffs, Layered for concurrent behavior, or Hybrid to combine phase logic with persistent overlays.
Active strategydrag to reorder - or use arrows
40% of parent order
Parent-order lifecycleHybrid strategy
Start25%50%75%Complete
Custom algo behavior
Shared Platform

Different strategies. One execution intelligence layer.

POV, TWAP, VWAP, Explorer and Inline are differentiated by how they express the execution objective. Underneath, they can share market data, signals, liquidity intelligence, adverse-selection logic and routing infrastructure.

That shared foundation makes custom algos a configuration of execution behavior rather than a separate technology stack.

Strategy LogicPOV · TWAP · VWAP · Explorer · Inline · Custom
Adaptive IntelligenceSignals · projected impact · liquidity map
Execution ControlsUrgency · rate bands · aggression · venue policy
Routing & Market AccessIntegrated SOR · lit and dark venues
Live Market DataConsolidated and venue-level inputs