Rates

OneChronos Rates is not yet live and is not currently accepting subscribers or orders. Subject to completion of applicable regulatory requirements, OneChronos Rates is expected to operate as an alternative trading system for U.S. Treasury securities, leveraging OneChronos’s Smart Market technology. This page is for informational purposes only and does not constitute an offer or solicitation to buy or sell any security.

General

What’s an Expressive Bid? Does OneChronos support Orders?

How are OneChronos periodic auctions initiated? At what frequency?

What tools are available to manage the lifecycle of an EB?

What information on the book will Subscribers receive pre- and post-trade?

How does OneChronos determine which EBs are eligible in an auction? What happens to EBs received after the auction cutoff?

Where relative to current market levels can EBs match?

How does cancel-replace work during the auction life cycle? Is there a lock-up period?

Does OCM-R use tiering or segmentation?

How are liquidity taking and liquidity providing defined and considered in the matching process?

Does OneChronos support Minimum Screen Size?

Data Center, Market Data and Routing

Where is the OneChronos matching engine located?

Does OneChronos offer co-location?

Does OneChronos provide any data feeds?

Connectivity

How can OneChronos be accessed?

Does OneChronos offer STP solutions?

Clearing and Settlement

What is the credit model for settlement on OCM-R?

Do exposure limits impact unexecuted EBs?

What is OneChronos’ clearing protocol?