Ballista Launches Version 2.1 of their ATS
May 25, 2010 05:15 PM Eastern Daylight Time
NEW YORK--(EON: Enhanced Online News)--Ballista Securities LLC, operator of the Ballista ATS for block
options, announced they have completed another significant upgrade to their trading system with the release of
Version 2.1 of their platform. Available now, Ballista v2.1 provides a variety of new functionality that will further
improve the user experience.
"Ballista is listening to traders and quickly implementing the innovative new features they require," said Dr. Daniel
Marques, Ballista’s CTO. He added, “We are confident Ballista v2.1 will be well received by the trading community
as it demonstrates our commitment to innovation in this space.”
Summary of v2.1 New Functionality
Ballista v2.1 adds the following new features:
Staging Blotter – the ability to define strategies, stage them to a blotter, and release them to the market at a later
Display Size on IOI – the size of the initial interest for the strategy is now displayed with the IOI for GUI
customers and disseminated to API customers.
Contra Step In Auto Resubmit –in the event that any portion of a liquidity provider’s order is stepped-in on by
the crowd, the system will now resubmit that quantity for execution against any remaining initiator interest.
New Cross Order Types – four new handling mechanisms are now available to our users that submit crossing
One Hour Auction Length – longer auction length to assist in sourcing liquidity for more complex or larger sized
Size and Strategy Filters – increased filtering to delineate IOIs you would like to receive based on size and
End of Auction Notification – visual and audible notifications to alert customers of expiring auctions.
Manual Exchange Preference – the ability to specify a preferred exchange for manual broker execution.
For complete list of new and upgraded features please contact Ballista Sales at 800-434-7552 or via