OneChronos operates a "Smart Market" for US equities, functioning as an SEC-registered Alternative Trading System (ATS) and a FINRA-member broker-dealer (OneChronos Markets LLC). The company was founded to apply auction theory and mechanism design to financial markets, aiming to provide a more efficient and expressive trading venue. Its platform utilizes periodic combinatorial auctions, allowing institutional participants to express complex, portfolio-level trading strategies and preferences, ultimately seeking to improve execution quality and reduce market impact.

Founded in

United States