Posted: Wed, 26 Oct 2011 02:37 PM - 14,216 Readers

By: Marketwire

Broadway Technology, LLC, the emerging leader in high-performance trading solutions for top-tier global banks and hedge funds with dual headquarters in New York and Austin, announced today that it has moved its Austin office to a new 8,300 square feet location overlooking five acres of lakeside property on the shores of Lake Austin.

The new Austin location at 5000 Plaza on the Lake more than triples Broadway's previous 2,500 square feet of office space. Tyler Moeller, Chief Executive Officer, said, "Broadway is growing fast and this latest move reflects our commitment to expand our operations in Austin, a hotbed for high-tech talent. We are excited about the future of Broadway and the innovation that will come out of Austin."

David Meeker, Principal and Director of Broadway's Austin Headquarters, said, "Broadway's team has more than doubled in the past 18 months and our company continues to push forward at a vigorous pace. We have assembled a phenomenal group of people and the new space was chosen to attract the best and brightest minds in Austin."

The move coincides with the eighth-year anniversary of Broadway's launch in October 2003. Broadway has been profitable every year since it was established, with revenues growing more than 50% annually the past four years, thanks to Broadway's innovative software solutions and groundbreaking event-driven distributed data-oriented architecture.