OneChronosThe Smart Market for Institutional Investors

OneChronos

OneChronos is a U.S. equities ATS designed bottom-up to fundamentally address the growing gap between how trading venues match orders and how traders need to execute. OneChronos operates a Smart Market leveraging Nobel prize-winning (Economic Sciences, 2020) combinatorial auction techniques and artificial intelligence, providing enhanced trading outcomes for institutional investors.

Product Highlights

• Periodic Auctions: OneChronos matches orders via frequent, deliberately randomized periodic auctions, ensuring best price for traders.
• Expressive Bidding: OneChronos provides advanced capabilities for ‘Expressive Bidding’ instructions, which allow for customized executions.
• Mathematical Optimization: OneChronos leverages mathematical optimization techniques to ensure best price for all participants in its auctions.

Use Cases

• Multi-Asset Portfolio Execution: Investors can effectively execute multi-asset portfolios, including pairs trading and hedging.
• Impact-Free Trading: OneChronos reduces market impact when executing large trades.
• Price Improvement: OneChronos provides opportunity for price improvement, leading to cost savings and improved returns.

Target Audience

OneChronos is designed to serve institutional investors such as trading desks, risk managers, and organizations that need to improve trading outcomes and mitigate market impact.