One Trading
機構級數位資產交易所
關於One Trading
One Trading is an Amsterdam-based regulated trading venue holding a MiFID II Organised Trading Facility licence from the Dutch AFM together with a MiCAR licence for spot trading and custody, combining spot, custody, perpetual futures, clearing and real-time settlement inside one onshore EU structure. Contracts are EUR-denominated and EUR-collateralised, matched on a central limit order book, with positions settled at minute-level frequency and funding settled every 4 hours while being recalculated each minute to track spot prices. At the end of the first quarter of 2026 the venue added US single-stock and index perpetual futures, and an AFM licence extension allows continuous 24/7 matching of equity derivatives, with collateral accepted in EUR, USD and GBP.
The gap it targets is structural: listed equity derivatives stop pricing once the exchange closes and still depend on legacy clearing cycles, so overnight macro and earnings events cannot be hedged until the next session. One Trading internalises clearing and settlement rather than routing through banks, brokers and clearing houses, and discloses matching latency of 0.000074 seconds with roughly EUR 145 million of assets in custody. Its positioning is a licensed EU venue combining round-the-clock derivatives with regulated spot and custody, which separates it from offshore perpetual venues on the compliance axis.
One Trading launched the EU's first MiFID II-regulated crypto perpetual futures venue on September 8, 2026, starting with BTC/EUR and ETH/EUR for institutions before extending to eligible retail clients. The venue operates under an OTF license from the Dutch AFM and offers 24/7 real-time settlement, sub-minute settlement times and execution latency below 70 microseconds.
On October 8 One Trading received a strategic investment from Nasdaq Ventures, undisclosed in size, with the two firms to explore next-generation derivatives infrastructure including 24/7 equity futures. Its equity futures already cover Nvidia, Tesla, Amazon, Alphabet, Microsoft and Meta, allowing long and short positions outside regular US market hours.
One Trading's Future strategy and roadmap: The plan is to open perpetuals to more eligible retail clients, push cross-collateral netting and continuous settlement on its integrated trading, risk and settlement stack, and use Nasdaq's channels to expand weekend and overnight equity derivatives.
聯合創始人兼執行長 Joshua Barraclough,前摩根大通員工,創立了One Trading(前身為Bitpanda Pro)。 資訊安全長 Steven Harper,擁有25年軟體行業經驗,曾任職於埃森哲。 營運長兼風險長 Fedja Terzic,負責監督營運與風險管理。
One Trading applies one shared 30-day rolling volume ladder to both futures and spot on the F.A.S.T. exchange, starting at 0.10% maker and 0.20% taker below $10,000.
One Trading charges 0.02% maker and 0.05% taker at the $1 million tier, 0.003% maker and 0.035% taker at $100 million, and a -0.025% maker fee above $10 billion.
One Trading prices all API trading at -0.005% maker and 0.015% taker.
One Trading obtained an Organised Trading Facility (OTF) licence under MiFID II from the Dutch Authority for the Financial Markets (AFM) in 2024, and a Crypto-Asset Service Provider (CASP) authorisation under MiCA on 2025-05-15, operating a regulated crypto perpetual futures venue.