Commentary

Ronald Jordan
Traders Magazine Online News

Understanding Your Data is No Longer Optional

In this contributed article from Global Markets Advisory Group, the advisory discusses the importance of data and how organizations should augment existing skill sets and capabilities to add a data-focused perspective to their operating fabric.

Traders Poll

Do you expect SEC Chairman Jay Clayton to push for regulation in the cryptocurrency issuance and trading markets?

Yes

74%

No

5%

The CFTC will push for regulation

21%

Free Site Registration

October 1, 2013

Cyborg Gets a New Name, Chief Exec

By By Peter Chapman

 

In a bid to target institutional traders, Canada's Cyborg Trading Systems has changed its name to Embium, installed a new chief executive officer and opened an office in New York.

The five-year old company started out building desktop automation software for retail traders, but believes its future is in technology deployed on corporate servers.

The vendor has created a new trading engine for low-latency executions. It includes an algorithm development environment; real-time simulation and back-testing; in-memory complex event processing; and real-time risk management, as well as a co-located trading infrastructure.

The company was formed in Montreal in 2008 by a pair of ex-Refco derivatives traders and recently brought on former SunGard executive Janice Robson as chief executive. Embium's former chief executive James McInnes was appointed head of strategic development. He will continue to participate in new products and service offerings.

(c) 2013 Traders Magazine and SourceMedia, Inc. All Rights Reserved.
http://www.tradersmagazine.com http://www.sourcemedia.com/