Technology
The fastest way from a fact in the world to a fair price.
Event markets move on information that is not on any exchange feed: a press release, a weather model run, an injury report, a vote count. Our platform is built around that fact.
Event ingestion
Thousands of primary sources (statistical agencies, central banks, election authorities, meteorological services, official league feeds), normalised into a single timestamped event stream with provenance on every field.
Fair-value engine
Category models and market-implied signals combined into a single probability per contract, with uncertainty bands that drive spread and size.
Quoting & execution
Venue adapters for regulated exchanges and on-chain order books, with inventory skew, self-trade prevention and kill switches enforced in the hot path.
Resolution library
A structured database of contract rules, sources and edge cases, mapping equivalent questions across venues and flagging basis risk before it becomes P&L.
Research platform
Point-in-time data, a backtester that replays order books and news together, and a scoring service that grades every model on every resolved contract.
Latency, where it matters
Scheduled news is a race. Unscheduled news is a judgement.
For scheduled releases (inflation prints, rate decisions, official results) we parse the primary source directly and update quotes before most participants have loaded the page. For unscheduled news, speed matters less than being correctly sceptical, and our models are tuned to tell the difference.
Engineering culture
Boring where it should be. Ambitious where it pays.
The hot path is written in Rust and C++, the research stack in Python, and everything is reproducible from a single point-in-time data layer. We run on our own hardware close to the venues that reward it and on major public clouds (AWS, GCP) for research compute.
We care about correctness more than cleverness: typed event schemas, property-based tests on pricing code, replayable incidents and a strong preference for systems a new engineer can understand in a week.
| Layer | Stack |
|---|---|
| Hot path | Rust · C++20 · kernel-bypass networking |
| On-chain | Rust · EVM tooling · custom indexers |
| Research | Python · Polars · JAX · PyTorch |
| Data | Point-in-time lake · columnar storage |
| Infra | Colocated hardware · AWS · GCP |