Backed by 500 Global.
About the role
As a Senior Backend Engineer at MAG, you’ll build the core trading engine that powers our market-making across multiple prediction-market and event-contract venues. You’ll own the infrastructure that connects to each venue, normalizes real-time market data, manages orders and positions, and enforces risk controls, all with the reliability that live sports demand. Found on 1752vc Careers, the job board for startup and VC roles.
What they're looking for
- Excited to architect and build MAG’s core systems, including the trading engine, market-data pipelines, risk controls, and real-time state machines, shaping the platform at a foundational level
- Design and implement deterministic, event-driven systems for matching, settlement, and market-making flows, with strong ordering and idempotency guarantees
- Build high-throughput, low-latency infrastructure for data ingestion, distribution, replay, order gateways, session management, and pre-/at-trade risk checks
- Develop developer-first APIs for algorithmic trading integrations and high-reliability endpoints for programmatic and UI clients
- Collaborate closely with frontend, trading, product, and SRE teams to maintain a seamless, reliable user experience, including recovery, failover, observability, and performance optimization
- Expand product surface via modular backend services, contribute to architecture discussions, operational readiness, and production debugging
More about this role
$200k – $260k • meaningful equity
MAG is the market-making arm of Novig. We provide liquidity across sportsrelated event-contract and prediction-market venues. We operate lean by design. A small, senior team with direct exposure to trading, capital, and counterparty work, supported by Novig's broader platform.
With Novig recently becoming a CFTC-designated market — the fastest designation of its kind in US history— we're bringing the prediction market built for sports fans nationwide.
We're backed by some of Silicon Valley's top investors — Pantera, Forerunner, Lux, NFX, Paul Graham, and Joe Montana — who have collectively invested over $100M behind this vision."
As a Senior Backend Engineer at MAG, you’ll build the core trading engine that powers our market-making across multiple prediction-market and event-contract venues. You’ll own the infrastructure that connects to each venue, normalizes real-time market data, manages orders and positions, and enforces risk controls, all with the reliability that live sports demand. You’ll work directly with our traders, turning their feedback into faster execution, better tooling, and new strategy capabilities, with results you’ll see in...
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