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Last updated on April 17, 2014 at 7:47 EDT

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

April 22, 2013

NEW YORK, April 22, 2013 /PRNewswire/ – 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


Source: PR Newswire