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Ballista Appoints Ex Bear Stearns Head
Published on Mar 12, 2010

Ballista Securities LLC, operator of the Ballista Alternative Trading System (ATS) for block options, announced that Donald Martocchio has been appointed Global Head of Sales and Marketing. Martocchio will report directly to Mark Monahan, Ballista`s CEO, and will start on March 22.

Prior to his appointment at Ballista, Martocchio was Co-Head of Sales for the Global Equity Division at the Bear Stearns Companies, Inc. In this capacity, Martocchio worked on the integration and coordination of all client sales activities across the domestic and international cash equity, equity derivatives, portfolio trading, risk arbitrage, prime brokerage, and broker dealer/investment advisor services product areas.

An anonymous, automated and rules-based options trading platform, the Ballista ATS offers traders standardization of order-entry for complex order types, user-defined trading filters to manage workflow, and advanced negotiation capability.

"Don has a great track record for growing equity derivatives businesses," says Mark Monahan, Ballista`s CEO. "We are very pleased to have Don leading our commercial efforts and continuing our impressive expansion." *


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Vendor name: Ballista Securities LLC

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