Ballista Securities Selects Greenline’s FIX Testing and Monitoring Solutions
CHICAGO, Nov. 18 /PRNewswire/ — Greenline Financial Technologies, Inc., a leading provider of electronic trading marketplace solutions, today announced that Ballista Securities, operator of the Ballista Alternative Trading System (ATS) for block-sized volatility and directional options orders, has implemented VeriFIXÂ® and MagniFIXÂ® for FIX testing and monitoring solutions.
VeriFIX and MagniFIX provide scalable, reliable testing and monitoring for high volume, high-speed complex trading environments. Greenline provides a broad spectrum of capabilities for options trading technology, ranging from multi-leg orders testing to monitoring block-sized trade throughput from various institutional options brokers.
Ballista and Greenline worked together to use Greenline’s VeriFIX performance suite and associated best practices to validate end-to-end performance for Ballista’s growing institutional e-trading marketplace.
“The Ballista ATS electronically facilitates complex and large options orders that were previously handled through IMs and phone calls. Greenline’s FIX solutions help us provide an extremely fast and flexible platform for our end-users,” commented Daniel Marques, CTO of Ballista Securities.
“Greenline is committed to delivering industry-leading solutions and services for market participants looking to grow rapidly and efficiently,” added Josh Tolman, president of Greenline. “We are very proud of the contributions that our partnership with Ballista has delivered, as Ballista continues to solidify its position in the options marketplace.”
About Greenline Financial Technologies
Greenline provides superior FIX Protocol and electronic trading technology solutions and services across all asset classes for leading global financial institutions. Greenline’s flagship product suite, VeriFIXÂ®, CertiFIXÂ®, MagniFIXÂ®, and MetriFIXÂ® delivers end-to-end global connectivity solutions for any electronic trading environment using or migrating to FIX Protocol. In addition, its premier Professional Services consultancy can evaluate and improve clients’ business strategy and trading technology operations, leveraging its expertise across all connectivity and messaging protocols. With global reach and client experience, Greenline is ideally positioned to meet the demand for connectivity and related trading technology. Greenline Financial Technologies, Inc. is a member of FIX Protocol Limited – North Americas, and a wholly-owned subsidiary of MarketAxess Technologies, Inc. For more information, please visit www.greenlinetech.com.
About Ballista Securities
Ballista Securities, operator of the Ballista Alternative Trading System, offers equity options traders an efficient, anonymous and reliable platform for delta-neutral strategies, complex transactions and block options trades. For more information, please visit www.ballistasecurities.com.
SOURCE Greenline Financial Technologies, Inc.