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Options-Trader Susquehanna Wants Prediction-Market Staff
It’s raining money // Image by Kait Cunniff with DALL-E
Options-trading giant Susquehanna International Group is looking to hire dedicated prediction-market traders.
The Big Bet: Prediction markets have been inescapable over the past couple of years, with Polymarket, Kalshi, and many others dominating headlines with the promise of making money on anything — often, and controversially so. While they were initially dismissed as dangerously speculative, they are now finding mainstream appeal among the financial elite.
Behind The Roles: Time to add “fortune telling” to your resume.
Susquehanna’s roles will focus on “designing and implementing real-time models to assist with betting on the type of event-driven outcomes that made prediction markets popular, including what tomorrow’s weather might be,” per Insider.
It calls for candidates who have “strong trading intuition, robust statistical and programming skills, and the ability to translate ambiguous problems into structured, high-quality models that drive profitable decision-making.”
In other words, it’s a team dedicated to building systems that predict anything that can be predicted — and then making money on those educated guesses. It’s the monetization of existence.
Final Guess: This isn’t Susquehanna’s first brush with institutionalized betting. In 2024, it opened a Dublin office with a team focused on sports betting. And it appears the broader industry is catching up to those experiments. The owner of the New York Stock Exchange invested $2 billion in Polymarket, the Federal Reserve praised Kalshi as a useful tool for “forecasting economic events,” and Goldman Sachs is reportedly “exploring opportunities.”
The Future: Considering that AI is fundamentally about pattern recognition, expect an unprecedented workforce overlap between Wall Street and Silicon Valley in the coming years.
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Today’s email was written by David Vendrell.
Edited by Nick Comney. Polled and Copy-edited by Kait Cunniff.
Published by Darline Salazar.