European Equities
*Subject to regulatory approvals - OneChronos is looking to bring UK, Swiss and European Union equity and equity-like securities trading to market in 2025*
Taking a First Principles Approach
OneChronos is aiming to fundamentally address several critical market structure issues by introducing modern auction design to financial markets for the first time, taking advantage of advanced technology that has proven to be much more efficient and operates at a fraction of the cost.
Quality over speed
Compete directly on price and quantity by removing speed as a factor in execution quality. No concept of queue priority in the book. The innovation in venue design brought by OneChronos, levels the playing field for all investors.
Differentiated market model
OneChronos is bringing Smart Markets, the academic term for markets that match counterparties using mathematical optimization, to finance. Smart Markets have a proven ability to outperform traditional auctions, and the theory underpinning them was the subject of the 2020 Nobel Prize in Economics.
Ultimately, OneChronos aims to reduce the cost of execution while unlocking trading opportunities and expanding overall market volumes.
Front to Back, One Smart Market, End to End
Together OneChronos and Imandra are eliminating friction, accelerating connectivity and redefining execution
OneChronos and Imandra are partnering to transform how market participants connect to trading venues in the UK and Europe. Building on our proven Smart Market model, OneChronos is introducing a streamlined client onboarding experience designed to reduce friction, accelerate readiness, and enhance transparency.
Historically, connecting to new trading venues has been slowed by antiquated, manual processes with complex documentation, static PDFs, and inefficient testing cycles. Today, OneChronos in partnership with Imandra, is leveraging a next-generation onboarding framework that delivers speed, efficiency, and clarity with Imandra's Connectivity solution, powered by the Imandra Protocol Language (IPL) at its core. By digitising venue rules into a mathematically precise specification, Imandra Connectivity uses neurosymbolic AI to eliminate static documentation and replace it with a living, dynamic model that can be queried and always reflects the venue's production system.
"At OneChronos, our mission has always been to remove friction and unlock smarter ways for market participants to connect and trade more, " said Scott Bradley, CEO OneChronos Markets UK. "By partnering with Imandra, we are bringing a new standard of efficiency and transparency to the UK and European market. Streamlining onboarding means firms can focus on execution, not administration. "
This shift delivers several key benefits for clients:
- Agility - Faster, simpler onboarding with reduced resource demands, “do more with less”
- Transparency - A fully intuitive process with real-time progress tracking.
- Efficiency - IPL-generated simulators provide instant feedback and measurable certification progress.
- Competitive edge - Time to market is significantly shortened, allowing clients to focus on execution rather than onboarding administration.
"Imandra is excited to see this real-world application of our Automated Reasoning technology in partnership with OneChronos. By digitising the FIX specification and creating a living, machine-reasonable model, we are able to provide measurable benefits for trading firms in the region. This is a significant step towards bringing a smarter, more efficient standard for market connectivity to the financial industry," said Paul Brennan, Chief Strategy Officer at Imandra.
Already proven in the US, this is the first venue deployment of its kind in the UK and Europe. By combining OneChronos's Smart Market expertise with Imandra's leading-edge Automated Reasoning, the partnership is creating a smarter, faster, and more transparent standard for market connectivity—reshaping how trading participants engage with venues across the region.
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- Europe Sales
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- Europe Compliance
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