Ballista Securities has announced a fee holiday through September 30, 2009 for trade initiators.

Ballista operates the Ballista Alternative Trading System for block options, volatility strategies and complex transactions.

In a statement, Robert Newhouse, CEO of Ballista said, ""The first global financial institutions and trading firms to sign on with Ballista ATS did so based on their belief in our ability to provide a level playing field, deep liquidity and a much more efficient trading workflow. This fee holiday is designed to thank those users for their trust in us, and also to encourage newer clients to become more active participants on Ballista ATS."

He added, "Further, the fee holiday gives users the opportunity to pass previously spent commissions back to their shareholders and customers, or to reinvest in their trading operations."