OneChronos
OneChronos is a Smart Market, which is a technical name for marketplaces that use mathematical optimization to match counterparties. Smart markets have a track record of outperforming traditional markets in terms of price improvement, liquidity, trade size, and fairness. Smart Markets enable Expressive Bidding, a technology that combines the authenticity of voice trading with the benefits of an electronic venue. The unique liquidity generated by Expressive Bidding can benefit all market participants. OneChronos was established on July 1, 2015 in New York, United States.
OneChronos
OneChronos is a Smart Market, which is a technical name for marketplaces that use mathematical optimization to match counterparties. Smart markets have a track record of outperforming traditional markets in terms of price improvement, liquidity, trade size, and fairness. Smart Markets enable Expressive Bidding, a technology that combines the authenticity of voice trading with the benefits of an electronic venue. The unique liquidity generated by Expressive Bidding can benefit all market participants. OneChronos was established on July 1, 2015 in New York, United States.
TL;DR
Product: Smart Market ATS for U.S. equities using combinatorial auctions and Expressive Bidding
Founded: 2015 (July)
Headquarters: New York, NY, United States
Recent round: Series B (~$40M, Sep 2023, lead: Addition)
Employees: ~39
Company Overview
Problem Domain
Institutional equity execution and market microstructure — matching complex orders and improving execution quality.
Founded
2015
Industry
Financial technology / Trading venue (Alternative Trading System)
Funding Track Record
$40,000,000
Series B announced Sep 29, 2023 and closed Sep 30, 2023.
Investor Signal
“Addition led the Series B; Crunchbase lists multiple investors including 9Yards Capital”