Railbird Exchange Selects Connamara Technologies’ EP3® Platform to Power Regulated Prediction Market

Austin, TX, New York, NY – Thursday, June 26 – Connamara Technologies, a leading provider of fully integrated exchange technology solutions, is pleased to announce that Railbird Exchange has selected its EP3 exchange platform to power its newly approved U.S. regulated prediction market.

Founded in 2021, Railbird Exchange allows users to trade on the outcomes of real-world events – including economic indicators, entertainment, and cultural moments. On June 13, 2025, Railbird was granted status as a Designated Contract Market (DCM) by the U.S. Commodity Futures Trading Commission (CFTC), with plans to launch later this year.

Why EP3 Matters to Railbird Exchange

Connamara’s EP3 platform offers a high-performance, scalable, and fully integrated exchange solution that meets the rigorous demands of a regulated marketplace. With EP3, Railbird gains robust capabilities for order matching and execution, risk management, market surveillance, and more – all within a modular, API-extensible architecture.

Why Railbird Exchange Matters to Connamara Technologies

Railbird joins a growing roster of innovative markets across the globe choosing EP3 to reduce time to market and total cost of ownership. As a newly approved DCM focused on a fast-evolving asset class, Railbird exemplifies the type of forward-thinking exchange that EP3 is purpose-built to support.

From the Executives

“We made the decision to partner with Connamara well ahead of our regulatory approval, and the experience since has only reinforced that choice. EP3 has given us the flexibility, reliability, and support we need to bring a unique, regulated prediction market to life. Their team’s deep expertise and responsiveness have been instrumental in getting us ready for launch,” said Miles Saffran, Co-Founder of Railbird Exchange.

“We’re proud to support Railbird’s mission to build a transparent, CFTC-regulated marketplace for event-based contracts,” said Jim Downs, Co-Founder and CEO of Connamara Technologies. “Our work together reflects how EP3 enables new exchanges to launch quickly, scale confidently, and meet the demands of modern trading participants.”

About Connamara Technologies and EP3

Connamara Technologies is the only provider of end-to-end, cloud-first, fully-integrated exchange infrastructure technology, empowering new and existing exchanges to operate with exceptional efficiency and reliability via its EP3 exchange and clearing platform. Engineered for the evolving needs of the next generation of exchanges and marketplaces, EP3 is shaping the future of financial markets. For more information, visit www.connamara.tech.

About Railbird Exchange

Railbird Exchange will offer an event contracts derivatives exchange that lets users trade on their predictions. By harnessing trading activity across finance, policy, environment, entertainment, and sports verticals, Railbird will generate real-time insights that will allow individuals and businesses to manage outcomes in an ever-changing world. For more information, visit www.railbirdexchange.com.

Media Contacts

Connamara Technologies, Inc.

[email protected]

Railbird Exchange

[email protected]

 EP3® Update Highlights May 2025:

We are continually enhancing the functionality and performance that EP3 offers Exchange Operators. In response to customer feedback and our internal product roadmap, EP3 now supports the following:

FIX Order Gateway and Trading API Enhancements

Exchange Operators can now restrict the Order Execution Instructions (such as Participate Don’t Initiate) available to their customers. This allows the Exchange Operator to align the available Execution Instructions with market expectations or the exchange rule book.

Performance Updates

The EP3 Order Manager (which manages order state) starts up significantly faster. This allows this component to upgrade faster and recover faster in case of an exception. 

The Trading API, that provides market access, was improved to validate accounts faster reducing critical path order latency.

The Admin API, that allows Exchange Operators to manage the exchange, was improved to return snapshots of an instrument’s unaggregated book faster.

Several end-of-day and real-time market surveillance alerts were improved to execute faster in order to accommodate exchanges with extremely heavy order volumes.  

General Enhancements

Exchange Operators can now configure their tradable instruments to include a Start Time in addition to a Start Date. This allows Exchange Operators more flexibility in designing when their instruments start trading and expire within a trading schedule.

Filtering of Accounts and Users was enhanced to include the ability to search for accounts not associated to a user and vice versa. 

Learn more about how EP3 can power your exchange