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

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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