Ballista Added To Bloomberg’s Execution
March 04, 2010 10:47 AM Eastern Time
NEW YORK--(EON: Enhanced Online News)--Ballista Securities LLC, operator of the Ballista Alternative
Trading System (ATS) for block options, announced today integration efforts have been completed with
Bloomberg’s Execution Management System (EMSX). Bloomberg EMSX users will be able to access the Ballista
ATS immediately via the function EMSX <GO> on the BLOOMBERG PROFESSIONAL® service. Focused on
equity options, the Ballista ATS reduces the time and manual effort required to execute block option and volatility
orders by providing an electronic alternative to manual trading methods.
“Bloomberg’s EMSX is relied upon by institutional traders of all types and we are very pleased they are connecting
to our ATS,” said Mark Monahan, Ballista’s Chief Executive, adding, “our integration with Bloomberg is another
key validation of our model as we continue to automate the block equity options market.”
Bloomberg’s Execution Management System, EMSX, is a sophisticated, broker-neutral equities, futures, and
options trading tool that allows you to route seamlessly to nearly 2,000 broker-dealer destinations, including over 50
algorithmic suites. EMSX integrates news, indications, and real-time market and portfolio analytics into a
customizable workspace so that you can monitor execution quality and improve trading decisions and performance.
In addition to advanced options execution functionality, Bloomberg provides traders and portfolio managers with a
complete view of the options market with real-time prices, volatility levels, Greeks, and alerting functionality.
An anonymous, automated and rules-based options trading platform, Ballista ATS offers traders standardization of
order-entry for complex order types, user-defined trading filters to manage workflow, and advanced negotiation
capability. On June 9 of 2009, Ballista Securities closed a funding round with strategic investors: International