PMA-CICP — the Institute's credential

A living credential for prediction-markets professionals.

PMA-CICP is the professional credential the Prediction Markets Institute is establishing. "PMA" stands for Prediction Markets Advisor; the full name is a working title pending trademark clearance. It is designed to attest to assessed professional competence and nothing else — it is not a regulatory licence or registration, not an investment recommendation, and not a substitute for client, venue and supervisory controls.

Status: in development. The credential described on this page is being stood up. No PMA-CICP credential has been issued, and nothing here is an offer of one. What follows is the design the Institute is building to.
What it tests is published. The competency blueprint — domains, weightings and the level of judgement expected at each — is at /blueprint, version 0.1.0, draft — not signed off. It is published before anyone sits the assessment, which is the point of publishing it.

AI-resilient by design.

The question is not whether a candidate can invoke an AI system. It is whether they can independently recognize bad reasoning, validate sources, own decisions, and act responsibly under changing facts.

Secure unaided assessment+
Dynamic market and contract simulations+
Oral defence of a randomly assigned decision+
AI-governance assessment+
Renewable material-change modules+
PMA-CICP will be conferred by the Prediction Markets Institute — the Institute is the organisation, the credential is what it confers — and will attest to professional competence only. It is not registration as an investment adviser, commodity trading advisor, broker-dealer or any other regulated capacity, and it does not authorise advice, solicitation, trading, or handling of client assets. It is neither approved nor required by the CFTC, the NFA, or any other regulator. Holding it will not displace applicable law, firm supervision, or venue rules.

Specialization paths

Deep where your role demands it.

Perpetuals & crypto derivatives

Funding, index design, collateral, liquidation and 24/7 market risk.

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Novel contract design

Payoff architecture, manipulation resistance, margin logic and scenario analysis.

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Supervision & integrity

Client communications, conflicts, records, AI governance, surveillance and escalation.

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Prediction Markets Institute

What if tomorrow was predictable?

An independent research institute for prediction markets. We publish research and methods, set out design standards, and convene the people who build, supervise and study these markets.

Prediction Markets Institute (PMI) is the organisation. PMA-CICP is the credential it is establishing. This site is named after the credential, not after a second body.

© 2026 Prediction Markets Institute

Prediction Markets Institute is an independent research and standards body. It does not claim tax-exempt status.

The Institute is a research and professional body. It is not a regulator, an exchange, a designated contract market, a broker-dealer, or a registered investment adviser, and it is not authorised, endorsed or approved by any such body. Membership and any credential the Institute confers attest to professional competence only; they confer no licence, registration or permission to advise, solicit, trade, or handle client assets, and are neither approved nor required by the CFTC, the NFA, or any other regulator. The PMA-CICP credential is in development and has not been issued.

Nothing on this site is investment, legal or tax advice, an offer or solicitation to buy or sell any contract, or a prediction of any outcome. Prediction market and derivative contracts carry risk, including total loss.