Business Continuity Disclosure Statement

Last Updated: June 2020

OneChronos recognizes the importance of system and process resilience in operating an Alternative Trading System (ATS). Accordingly, the firm maintains a Business Continuity Plan defining how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us

If after a significant business disruption you cannot contact us as you usually do at [email protected] or (917) 300-0108, you should go to our website at www.onechronos.com for more information or to submit a support request. If you cannot access us through either of those means, you should contact our clearing firm, Wedbush Securities, at www.wedbush.com or (213) 688-8000 for instructions on how it may aid in the resolution of any transactional questions and issues resulting from the disruption.

Our Business Continuity Plan

Our plan is designed to aid in quick recovery and resumption of business operations after a significant business disruption, and respond by: communicating with our Subscribers, closing out any open positions on the ATS, safeguarding our employees and property, conducting an overall impact assessment, protecting and/or restoring the integrity and availability of the Firm's systems, protecting the Firm's books and records, and allowing our Subscribers to transact business. In short, our Business Continuity Plan is designed to permit our Firm to resume operations as quickly as possible and minimize the likelihood of transactional issues, given the scope and severity of the significant business disruption.

Our Business Continuity Plan addresses: data backup and recovery; mission critical systems; financial and operational assessments; alternative communications with Subscribers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our Subscribers prompt access to their transactional information if we are unable to continue our business.

Our clearing firm, Wedbush Securities, stores important transaction records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firm that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within three hours. Your orders and requests for funds and securities could be delayed during this period.

Varying Disruptions

Significant business disruptions can vary in their cause and scope. They also may be physical or electronic in nature. For disruptions related to physical events, impact may be localized to only the firm's facilities, to the buildings where the firm locates its offices/systems, or to entire districts and regions. The severity of the disruption can vary accordingly, from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within one business day. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within 3 business days. In either situation, we plan to continue operating the firm's ATS, transfer operations to remote staff if necessary, and notify you through our website at www.onechronos.com or our customer emergency number, (917) 300-0108. If the significant business disruption is so severe that it prevents us from recovering our business operations in the expected timeframes, we will assure our customers prompt access to their transaction records, and to information on matched/open orders leading up to the interruption.

For more information

If you have questions about our business continuity planning, you can contact us at [email protected] or (917) 300-0108.

About

OneChronos ® Markets LLC is a wholly-owned broker-dealer subsidiary of OCX Group Inc. We’re an independent, venture backed company using cutting edge technological paradigms to enable the next generation of electronic trading. Contact us at [email protected].

Member FINRA/SIPC: www.finra.org. Check the background of OneChronos Markets LLC on FINRA’s BrokerCheck.

A copy of OneChronos Markets LLC’s ATS-N is available here.

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