OneChronos

In response to growing client demand, OneChronos is bringing smart market periodic auctions to the pre-market session, working to improve liquidity, enhance execution performance and create more consistent trade outcomes for our Subscribers and their clients trading early hours ☕ Starting June 10th, pending the effectiveness of our ATS-N amendment, OneChronos ATS will open for trading starting at 7AM ET. All existing products, order types and TIFs will be available 🦾 To learn more please reach out to us: sales@onechronos.com

Pairs trading is built on a simple idea: treat the spread between two securities as a singular instrument. Traders know the hard part is executing it that way. When the two legs of a pair don't fill simultaneously, the trader picks up legging risk, which is unintentionally assumed price exposure. In our analysis, we find that pairs rarely trade as pairs, and the legging risk compounds. Most pairs executions leave one leg unhedged, creating P&L swings disconnected from the trade thesis and eroding the economic edge the trade was designed to capture. OneChronos Atomic Pairs is designed to address this at the source. In "Leg 2" of this two part series, we explore what it costs to manage legging risk after it's taken on, and why that's fundamentally different from eliminating it at the point of execution. https://lnkd.in/eZ_Pgk5P

Tune in for a dynamic discussion on Greene Street Talks with guest Teddy Fusaro, President of Bitwise Asset Management. In this episode, Jesse and Teddy explore Teddy's career journey in the context of the evolution of ETFs, from leveraged products in the aftermath of the Global Financial Crisis to today’s spot Bitcoin ETFs, along with tradfi & crypto market structure, tokenization, startup leadership, and why relationship capital still matters in an increasingly electronic and digital world. Available now across platforms: Spotify: https://lnkd.in/e3Hfht6k Apple Podcasts: https://lnkd.in/eArAX7bG Browser: https://lnkd.in/gJAfDWw8

An exciting milestone for the OneChronos team as we bring Smart Market periodic auctions to the UK & EU: a new market model solving for best execution first principles, no queue priority, and liquidity that’s equally accessible to everyone. Regional CEOs Scott Bradley and Adam Sherlock sat down with Global Trading to discuss. https://lnkd.in/eCxv9Vey #SmartMarkets #Innovation #BestExecution

OneChronos has received regulatory authorisation to expand its equities trading platform into Europe, complementing our existing authorisation in the UK and enabling a seamless pan-European trading experience. We look forward to supporting our clients and global investors as they navigate pan-European equities trading, bringing a differentiated approach to price formation and liquidity access, building on our experience in US equities and Spot FX. #smartmarkets #innovation #bestexecution

Following our momentum in U.S. equities on our ATS, facilitating over $2.9 trillion in transactions and ranking among the top ATSs, OneChronos is taking a foundational step in our expansion: we launched OneChronos FX, a global spot FX venue. FX is not only one of the largest markets in the world, but also the mechanism that links global capital markets and enables cross-border investment. For us, FX is a natural fit for the auction-based market design we’ve developed at OneChronos. Despite its scale, most FX execution still occurs through sequential bilateral trades, which can introduce signaling risk and “legging” costs. OneChronos FX addresses this by bringing our 1st principles auction technology to the spot FX segment of the $7.5 trillion-per-day currency market and reducing fragmented workflows via coordinated optimization. Today marks a major milestone in our broader vision: a multi-asset auction environment where investors can seamlessly reallocate across asset classes and geographies. Check out The TRADE News breakdown on the news: https://lnkd.in/exK3VsPx #OneChronos #SmartMarkets #FX #MarketStructure #1stPrinciples #BestExecution #Innovation #FinTech

Want to work on cool things? Want to own outcomes? Come join us. US Equities Business Development - Sales: https://lnkd.in/eh9QcNHn US Equities Business Development - Analytics: https://lnkd.in/euyAGXgp careers@onechronos.com

🚀 We’re hiring! OneChronos is looking for an experienced FP&A - Strategic Finance Associate in New York City with strong financial modeling and analysis skills to join our finance team. Reach out to careers@onechronos.com if you’re interested!

In continuous price-time markets, speed races may expose natural liquidity to adverse selection, even before new information enters the market. At OneChronos’ US Equities ATS, we take a different approach which leverages time-randomized periodic auctions. Liquidity is batched at a single price which is discovered by optimizing for notional price improvement rather than latency. This mechanism is designed to enable efficient and stable price formation. In our latest analysis, we test this approach where competition is most intense: S&P 500 constituents with tight spreads, rapid price discovery, and heavy latency competition. We find: Unique liquidity: most of our executions occur only on our platform; the opportunity does not simultaneously exist elsewhere off-exchange. Greater price stability: execution prices remain steadier relative to the broader off-exchange market, reducing exposure to sudden price movements. If you’re interested in execution quality and market structure innovation, take a look: https://lnkd.in/eZeRJg8F

OneChronos is hiring! For those who aren’t familiar, OneChronos is a game-changing technology company focused on closing the gap between how trading venues match orders and how traders truly need to execute. We are growing and have multiple needs within tech. The OneChronos team is an extraordinarily talented, hard-working, and collaborative group, and our systems engineers drive our auction-matching infrastructure. If you or someone you know is passionate about innovation, clean code, and mechanical sympathy, and is looking to solve complex problems, we would love to chat! Please review our current global postings at https://lnkd.in/eF39TGH9 and send your resume to careers@onechronos.com. At this time, we are not working with external recruiting agencies. #OneChronos #OneChronosCareers #TechJobs #HighPerformanceComputing #LowLatency #Rust