Cyborg Trading Systems gets $381,500 Government of Canada investment

On Friday afternoon Susan Truppe, Member of Parliament for London North Centre and Parliamentary Secretary for Status of Women, on behalf of the Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a $381,500 Government of Canada investment that will help Cyborg Trading Systems grow and increase the global market presence of its trading technology.

London-based Cyborg Trading Systems, which has an office in the Communitech Hub, develops trading technology for global financial firms. The technology uses computerized algorithms to automate the process of trading and managing the risk of financial instruments such as stocks, bonds and options.

For more information, please see the news release in English and French:

http://www.feddevontario.gc.ca/eic/site/723.nsf/eng/01525.html

http://www.feddevontario.gc.ca/eic/site/723.nsf/fra/01525.html