Ballista Preps to Launch Activ Data Arsenal

The firm's execution systems are currently in beta-test mode, and have been testing against data from Activ since last October, says Robert Newhouse, chief executive of Ballista in New York.

Ballista has developed a trading platform for trading block options and options volatility, by tying together stock and options trades, so requires feeds from the International Securities Exchange, the Chicago Board Options Exchange and the Options Price Reporting Authority, as well as the CTS and CQS con