Smarkets

Smarkets

Non-Executive Director - DCO Market Participant

Chicago · Director

Sponsorship not specifiedDetected 16 days ago
ComplianceCommunication

About the role

  • NON-EXECUTIVE DIRECTOR - DCO MARKET PARTICIPANT ABOUT SMARKETS Smarkets is a prediction market exchange for sports and political trading that has handled over $50 billion in volume since 2010.
  • ENTITY Smarkets Board of Trade Clearing LLC ROLE SUMMARY Smarkets Clearing is seeking a Market Participant Director for the board of Smarkets Board of Trade Clearing LLC.
  • The role brings practical market-user, trading, clearing, brokerage, risk-management, or derivatives-market experience into the governance of the DCO.

Requirements

  • The Market Participant Director is not required to be independent of market participants
  • must be disclosed and managed through disclosure, review, recusal, and replacement procedures.
  • Practical market judgment and understanding of participant needs;
  • Integrity and credibility;
  • Ability to manage conflicts appropriately;
  • Constructive challenge and sound understanding of regulated markets;
  • Balanced decision-making and clear communication; and
  • Commercial awareness without improper advocacy.

Benefits

  • The director must satisfy Smarkets Clearing's director fitness, integrity, competence, disciplinary-history, and disqualification standards, and is subject to conflicts-of-interest controls.

Company info

  • Smarkets is a prediction market exchange for sports and political trading that has handled over $50 billion in volume since 2010.
  • We are upending the sports betting industry by growing a platform that offers the best value for traders, with not only the fairest prices but also the best technology, alongside a superior customer experience.
  • Smarkets Board of Trade Clearing LLC
  • The role brings practical insight into how clearinghouse rules, controls, and processes affect participants, customers, and other stakeholders, and provides non-executive oversight and constructive challenge, not day-to-day management.
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This listing is sourced directly from Smarkets's careers page and normalized into a canonical job model.