Cyborg Trading Systems Changes Name to Embium and Opens New York Office

NEW YORK, April 22, 2013 /CNW/ - Cyborg Trading Systems has changed its corporate name to Embium and opened a new office in New York. The purpose of the rebranding campaign is to highlight the company's revolutionary approach to financial trade automation and increasing demand in the institutional domain.

"We wanted our new corporate name, Embium, to convey our focus on servicing institutional customers and to better reflect the sophistication of our product offering," stated Mr. McInnes, CEO of Embium. "We have seen tremendous growth for cloud technology in the financial industry and moving our headquarters to 90 Broad Street, New York will allow us to better meet this demand and service our customers."

The company's foundation for automated trading was built around a desktop automation solution that enabled retail traders to rapidly develop strategies. "We have since evolved the technology and in the process, created a new trading engine to effectively serve global financial institutions," stated Mr. McInnes. "Our focus has shifted to flexible strategy development and highly scalable, server-side automation solutions for low latency executions."

Key Features:

• Algorithm development environment
• Real-time simulation and backtesting
• In-memory complex event processing
• Real-time risk management
• Co-located trading infrastructure
• Custom market connectivity

About Embium

Founded in 2008, Embium specializes in the development of automated trading technology for global financial firms, including hedge funds, brokers, banks, exchanges and professional traders. Its industry-leading technology streamlines the development and implementation of sophisticated algorithmic strategies. Cloud Trader is Embium's flagship multi-asset, broker agnostic automation solution. It enables rapid development, testing and seamless global deployment of algorithmic strategies through multiple brokers at any number of venues.

More Information:
www.embium.com

SOURCE: Embium

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Jim Giovinazzo
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