Smarkets is a Web-based, person-to-person betting exchange platform built on the fusion of social networking and trading technology.

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Still-in-beta Smarkets blog (the “about” page):

Smarkets is a web-based, person-to-person betting exchange platform built on the fusion of social networking and trading technology. Unlike traditional methods of betting, online betting exchanges remove the bookmaker by allowing users to bet directly with other users.

Team

- CEO / Co-founder: Jason Trost is a former successful equities trader in Chicago with extensive experience in cutting edge trading platforms. He evaluated many advanced trading platforms, acutely aware of the demands of high volume traders. Upon leaving trading, Jason founded his first company. Along with a physician, Jason created Descipher, a software company that offered web users the ability to self-diagnose their laboratory test results. Descipher was sold to a private investor. Jason next joined UBS in March 2005 to gain corporate banking experience. He worked for two years in Global Asset Management, designing and implementing proprietary software to assist in day-to-day trading operations. He attended Northwestern University and holds a bachelor’s degree in Computer Science. Jason currently resides in London.

- CTO / Co-founder: Hunter Morris was a software architect in Chicago and London for one of the world’s largest and most profitable options market makers, Wolverine Trading. In order to handle the sheer volume of market data required to be profitable at trading options, Hunter has developed advanced high-performance distributed applications. Hunter created an infrastructure to support rapid prototyping and trading strategy deployment across a range of financial products. He continues to maintain a competitive edge by constantly adopting cutting edge technologies and is an active contributor to the open source community. He attended Northwestern University and holds a bachelor’s degree in Computer Science. Hunter currently resides in London.

LinkedIn profiles:

About Chris F. Masse

Founder and President of Midas Oracle
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