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Ballista Holdings Secures Investment Round Co-led by International Securities Exchange, Knight Capital Group, Morgan Stanley and Susquehanna Growth Equity, LLLP.

Publication: Investment Weekly News
Publication Date: 27-JUN-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Ballista Holdings Secures Investment Round Co-led by International Securities Exchange, Knight Capital Group, Morgan Stanley and Susquehanna Growth Equity, LLLP.(Company overview)

Article Excerpt
Ballista Holdings announced that it received a minority investment from leading securities industry firms International Securities Exchange (ISE), Knight Capital Group, Morgan Stanley, Susquehanna Growth Equity, LLLP (SGE), and existing investors, including Metropolitan Equity Partners. Ballista Holdings is the owner of Ballista Securities LLC, operator of the Ballista Alternative Trading System (Ballista ATS) for block trading of options, delta-neutral strategies and other complex options transactions. The investment will be used to support continued technology innovation, enhanced client service and a more aggressive sales and marketing effort to further develop its liquidity pool.

"Ballista ATS has experienced consistent growth since our launch in late 2008," said Robert Newhouse, founder and CEO of Ballista Securities. "The investment from such a distinguished and diverse group of industry leaders will provide Ballista a strong base of strategic resources in the quest to become the premier destination for institutional block trading of equity options and volatility."

As part of the investment, one representative from...

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