{"id":"mark-pimentel","version":1,"language":"en","title":"Mark Pimentel","hidden":false,"content":"**Mark Pimentel** is the Co-Founder of Kronos Research & [WOO Network](https://iq.wiki/wiki/woo-network), a deep liquidity network connecting traders, exchanges, institutions, and [DeFi](https://iq.wiki/wiki/defi) platforms with access to liquidity and trading execution. [\\[1\\]](#cite-id-ybd57gvdyjl)[\\[2\\]](#cite-id-astt20g4ya)  \n$$widget0 [YOUTUBE@VID](MUwxo-zishQ)$$  \n  \n# Education  \n  \nMark Pimentel attended Hunter College High School in New York City from 1996 to 2002. He completed a Bachelor's degree with two majors - Electrical & Computer Engineering and Business Administration and a Master's degree in Electrical & Computer Engineering in 3.5 years by taking on double the normal course load (2002-2006). [\\[2\\]](#cite-id-astt20g4ya)  \n  \n# Career  \n  \nMark Pimental began his career in June 2006 as a Quantitative Researcher at Citadel. In June 2008, he became the Vice President of Knight Capital Group. From October 2011, he was a Director at Eladian Partners until October 2012. [\\[2\\]](#cite-id-astt20g4ya)  \n  \nHe joined the Quantitative Research team for Radix Trading LLC in 2013 where he was involved in all areas of trading, research & development (C++). In November 2017, he was the Head of Trading at EverMarkets, a company that built a decentralized platform for trading stock, bond, and commodity futures on the [blockchain](https://iq.wiki/wiki/blockchain). [\\[2\\]](#cite-id-astt20g4ya)  \n  \n## Kronos Research  \n  \nMark Pimentel and [Jack Tan](https://iq.wiki/wiki/jack-tan) co-founded Kronos Research in June 2018, a quantitative trading organization focused on market creation, high-frequency trading (HFT), and arbitrage. With a daily trading volume of about US$5 billion across global markets, Kronos Research is a recognized trading organization worldwide. [\\[4\\]](#cite-id-kqp85r9tkfp)  \n  \nAdditionally, Kronos Research serves as the sole market maker on the [WOO X](https://iq.wiki/wiki/woo-network) trading platform. It is also an authorized market maker for exchanges such as [Binance](https://iq.wiki/wiki/binance), [Huobi](https://iq.wiki/wiki/huobi), and [OKX](https://iq.wiki/wiki/okx), and plays a significant role as a market maker for the decentralized exchange [dYdX](https://iq.wiki/wiki/dydx). [\\[3\\]](#cite-id-pi44lydai6)  \n  \nMark Pimentel is primarily focused on developing HFT trading algorithms and providing guidance on the advancement of trading technology at Kronos Research. [\\[4\\]](#cite-id-kqp85r9tkfp)  \n  \n## WOO Network  \n  \nIn September 2019, Kronos Research organization (owned by Mark Pimentel and [Jack Tan](https://iq.wiki/wiki/jack-tan)) incubated WOO Network. WOO Network is a [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) liquidity network that bridges traders, exchanges, institutions, and [DeFi](https://iq.wiki/wiki/defi) platforms. [\\[1\\]](#cite-id-ybd57gvdyjl)[\\[2\\]](#cite-id-astt20g4ya)  \n  \nThe WOO Network splits most of its services between WOO X, a centralized exchange (CEX), and WOOFi, a [decentralized exchange](https://iq.wiki/wiki/decentralized-exchange) (DEX) and [staking](https://iq.wiki/wiki/staking) platform. WOO Network offers WOO Trade for institutional clients, allowing partner exchanges to integrate WOO Network's liquidity into their services via API.  \n  \nWhen asked in an interview[\\[5\\]](#cite-id-t142n7xfqk) about the idea behind building a liquidity network, Mark responded:  \n  \n> \"My partner and I [Jack](https://iq.wiki/wiki/jack-tan) decided let's build Kronos Research, let's be one of the top traders in the space, connect to as many exchanges as possible, build a really strong trading team just so we could understand the cryptocurrency dynamic and landscape really well\"  \n>   \n> \"Once we did that we started getting approached to create a system where these exchanges could come and trade with us.\"  \n>   \n> \"And so the idea of WOO Trade was born and the idea was that we would essentially create a platform such that initially we could have we could supply liquidity to many exchanges in a model that they could connect with our excess liquidity initially and later on with liquidity that we would supply to them\" - Mark Pimentel [\\[5\\]](#cite-id-t142n7xfqk)  \n  \n  \n","summary":"Mark Pimentel is a Co-Founder of Kronos Research & WOO Network, specializing in connecting traders, exchanges, and DeFi platforms via deep liquidity and trading...","categories":[{"id":"people","title":"People in crypto"}],"promoted":0,"tags":[{"id":"Founders"}],"metadata":[{"id":"references","value":"[{\"id\":\"ybd57gvdyjl\",\"url\":\"https://woo.org/network\",\"description\":\"woo network\",\"timestamp\":1688663135461},{\"id\":\"astt20g4ya\",\"url\":\"https://www.linkedin.com/in/markfpimentel/?originalSubdomain=tw\",\"description\":\"Mark's Linkedin\",\"timestamp\":1688663402063},{\"id\":\"pi44lydai6\",\"url\":\"https://kronosresearch.com/\",\"description\":\"kronos research website\",\"timestamp\":1688721606582},{\"id\":\"kqp85r9tkfp\",\"url\":\"https://kronosresearch.com/culture\",\"description\":\"kronos research culture\",\"timestamp\":1688721731309},{\"id\":\"t142n7xfqk\",\"url\":\"https://www.youtube.com/watch?v=MUwxo-zishQ\",\"description\":\"youtube - interview with mark pimentel about liquidity\",\"timestamp\":1688726511960}]"},{"id":"website","value":"https://woo.org/network"},{"id":"twitter_profile","value":"https://twitter.com/kronosmark"},{"id":"linkedin_profile","value":"https://www.linkedin.com/in/markfpimentel/?originalSubdomain=tw"},{"id":"commit-message","value":"interlinks"},{"id":"previous_cid","value":"QmceiQGgjVXzZd7qgPVWLsJRgkg4V5rv8RXv9E91TZziFk"}],"user":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb"},"author":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb","profile":{"username":"zainab","avatar":"QmPabyQDLVgKZJN8NQF9EixdgWo3JvLn7gnAWdVkETgMyu"}},"media":[{"name":"MUwxo-zishQ","id":"https://www.youtube.com/watch?v=MUwxo-zishQ","size":"0","type":null,"source":"YOUTUBE"}],"views":7,"events":[{"title":"Quantitative Researcher at Citadel","description":"Mark Pimental began his career in June 2006 career as a Quantitative Researcher at Citadel. 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