OneChronos Analysis: $84M Raised
What is OneChronos?
Smart Market for institutional investors
Employees
11-50
Founded
2015
Industry
Investment
Latest Funding Round Size
$84.2M
Product Features & Capabilities
- Smart Market for U.S. equities
- Expressive Bidding for enhanced order matching
- Point-in-time auctions every ~100ms
- Customizable execution objectives
- Non-displayed firm orders for unique trading opportunities.
Use Cases
Enhance algorithmic trading strategies for brokers; Execute multi-security portfolio hedging; Optimize market impact for large trades; Facilitate synthetic ETF creation and redemption; Improve price execution through intelligent bidding.
How much OneChronos raised
Funding Round - $84.2M
RecentOther Considerations
Pioneering use of Nobel prize-winning auction techniques; Operates under regulatory compliance as a broker-dealer; Member of FINRA/SIPC.
Competitors
The main competitors of OneChronos in the fintech space include:
1. Templum
2. Trading Technologies (TT)
3. Sterling Trading Tech (STT)
4. Simplaex
5. IntelligentCross
6. PureStream
These companies operate as alternative trading systems (ATS) or provide similar services in the U.S. equities market.
1. Templum
2. Trading Technologies (TT)
3. Sterling Trading Tech (STT)
4. Simplaex
5. IntelligentCross
6. PureStream
These companies operate as alternative trading systems (ATS) or provide similar services in the U.S. equities market.
Recent News
OneChronos Markets has been in the news recently for several significant developments:
- Funding Announcement - OneChronos secured $32 million in funding to optimize growth and expand trading opportunities.
- Market Expansion Plans - The company is looking to enter foreign exchange (FX) and fixed income markets. They have applied for regulatory approval to expand their offerings beyond equities. Source
- Launch of Spot FX Venue - OneChronos is set to launch a spot FX trading venue aimed at institutional clients, reflecting their strategy to broaden their market presence. Source
These developments indicate OneChronos's commitment to expanding its trading capabilities and market reach.
