Smarkets is Python and Erlang technology company based in central London. We've built one of the world's largest betting exchanges, also known as a prediction market, with significantly better odds than the competition. Our strength is technology and trading with a passion to push the known boundaries of real-time financial technology. We're a growing team of 68, boasting 22 nationalities, and our platform has handled over £3 billion of bets since launching in 2010, allowing us to become one of the most profitable companies per employee in Europe. Our mission is to disrupt one of the oldest industries in the world by rethinking the method and model of the betting business. We think traditional sports betting takes advantage of bettors, taking up to a 15% margin on bets. We offer the industry's lowest margin of around 1%. We can and will do better.
We're building a reliable, low-latency, highly concurrent system capable of scaling to thousands of executions per second with sub-millisecond latency. Whether we are working on the exchange platform, the front-end or trading mechanisms, we love solving real and challenging problems - from pushing Python performance to new heights to handling real-time design constraints. The Smarkets platform is written predominantly on Python and Erlang, and relies heavily on asynchronous programming techniques. We use REST where we can. We deploy to production several times a day. Smarkets prides itself on collecting individuals seeking challenge, and our team members' experiences show this in our former financial and adtech engineers, researchers, scientists, and PhDs all working at one of the most dynamic workplaces in Europe!