Speaker Profile

Ric Best joined Susquehanna in 2014 and has spent his entire professional career at the firm. In 2023, Susquehanna became the first major financial institution to launch a dedicated trading desk focused on Event Contracts and Prediction Markets, a business Mr. Best has led since its inception. Under his leadership, SIG has become the industry leader in providing institutional liquidity across multiple venues, trading event contracts spanning elections, crypto, financial indices, and, increasingly, sports.

Today, a significant portion of Mr. Best’s role includes leading sports trading for Susquehanna’s prediction markets desk, which actively trades sports event contracts across a wide range of formats. His team’s purview includes live, in-game markets, correlated combinations, and player and game-level propositions, applying professional market-making techniques to fast-moving, information-rich sports environments. His focus is on pricing complex, interdependent outcomes in real time, managing risk across highly correlated markets, and improving market quality through tighter spreads and deeper liquidity.

Prior to launching and leading the Event Contracts desk, Mr. Best traded fixed income derivatives at Susquehanna, where he developed a deep foundation in risk management, market microstructure, and quantitative trading strategies. He brings that background to Prediction Markets, bridging traditional financial trading with emerging markets in sports and real-world events.

Mr. Best holds a Bachelor of Science in Computer Science and a Bachelor of Arts in Economics from Yale University.

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