An apparatus and method for correcting IQ imbalance are presented. An exemplary receiver for processing I and Q signals from a tuner includes: a non-decision directed (NDD) imbalance canceller coupled to receive the I and Q signals, and a decision directed (DD) imbalance canceller coupled to the non-decision directed imbalance canceller. The DD imbalance canceller converges after the NDD imbalance canceller converges, so as to correct IQ imbalances in the receiver. An exemplary method for processing I and Q signals from a tuner includes: (a) converging a NDD imbalance canceller to correct a majority of IQ imbalances, and (b) subsequently converging a DD imbalance canceller to correct a remainder of IQ imbalances not corrected in step (a). The apparatus and method correct frequency-dependent and frequency-independent IQ imbalances.