Optimization-based U.S. equities alternative trading system that matches orders by value rather than queue position.
OneChronos Markets is a U.S. Equities ATS (Alternative Trading System) operated by OneChronos Markets LLC, a FINRA/SIPC broker-dealer. It matches orders using mathematical optimization and time-randomized periodic auctions to remove the latency race and foster competition based on value delivered. Traders can express highly customizable trading preferences that factor at the matching level. It handles a growing share of U.S. equity notional volume and is designed for both human and AI agent participants. OneChronos Markets is a product of OneChronos.