Smarkets Tech Stack

Prediction market and sports betting exchange processing billions in annual volume

Financial Services London 51–200 employees Founded 2008 Privately Held

Smarkets operates a global prediction market exchange handling over $1 billion in annual volume across more than 1 million customers. The tech stack reveals a high-performance, infrastructure-first organization: Kafka + Postgres + Kubernetes form the core, with performance-critical systems written in Rust and C++17, and they're actively migrating legacy services away from Erlang and C++ toward Rust. Current project focus on scaling throughput 5x, transitioning from monolithic to horizontally scalable architecture, and maintaining ultra-low latency in a distributed trading engine signals an engineering team optimizing for exchange reliability and market depth rather than user acquisition.

Tech Stack 30 technologies

Core StackAWS Terraform Kubernetes PostgreSQL Kafka Linux Python React Rust Apache Kafka C++ Tableau Looker Jenkins GitLab Prometheus Grafana Elasticsearch TypeScript Redis Docker Node.js JavaScript Java C++17 Nix Lightdash

AdoptingAmplitude Mixpanel Rust

ReplacingC++ Erlang

What Smarkets Is Building

◆Challenges

Developer self-service tooling
Real-time distributed systems
Transitioning from monolithic architecture to horizontally scalable architecture
Automation and advanced tooling
Scaling creatively and efficiently
Friction points in funnel
Maintaining ultra-low latency trading engine
Streamlining developer deployment across hybrid estate
Ensuring system stability
Migrating legacy services to rust

▲Active Projects

Safer gambling strategy development
Internal developer platform
Scale microservices
Cloud-native infrastructure on aws
Real-time distributed exchange systems
Monolithic to horizontally scalable architecture transition
Scaling throughput to 5x
Scalable data models
Self-serve dashboards
Integration with product analytics platform

Hiring Activity

Decelerating10 roles · 3 in 30d

Department

Engineering

Data

Ops

Support

Seniority

Mid

Senior

Lead

Junior

Principal

Staff

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About Smarkets

Smarkets is a licensed prediction market and sports betting exchange founded in 2008, operating in regulated markets worldwide. The platform aggregates liquidity from over 1 million customers and institutions, pricing uncertain events—from sports outcomes to political events—through an exchange model rather than fixed-odds or payout-based betting. The company is technology-driven, built on Linux, Kafka, Postgres, and Kubernetes, with engineers distributed across London and Malta. Core business value comes from proprietary market-making technology, liquidity depth, and exchange design; the team prioritizes infrastructure reliability and API accessibility for both retail and institutional participants.

HeadquartersLondon

Company Size51–200 employees

Founded2008

Hiring MarketsUnited Kingdom, Malta

Frequently Asked Questions

What tech stack does Smarkets use?

Core infrastructure: AWS, Kubernetes, PostgreSQL, Kafka, Linux. Performance-critical systems in Rust and C++17. Product surfaces in Python and React. Monitoring via Prometheus, Grafana, Elasticsearch. Analytics through Lightdash, Tableau, Looker.

What is Smarkets working on?

Scaling throughput 5x and transitioning from monolithic to horizontally scalable architecture. Building an internal developer platform and real-time distributed exchange systems. Migrating legacy services to Rust and deploying cloud-native infrastructure on AWS.