Electronic Services

The BOLT-X proprietary OMS software connects to all major U.S. equity, options, and futures exchanges, as well as top-tier BD smart order and algo platforms. The OMS supports order message receipt and routing via FIX, as well as exchange-specific binary formats. Users are typically able to certify and begin trading within two-weeks of onboarding.

15c3-5 Pre-Trade Risk Compliant: Commonly referred to as “fat finger,” Bolt’s electronic order management system (OMS) checks each order to ensure the details (or the aggregate of all the client’s orders) do not exceed credit or risk limits.

Long/Short Order Marking for Equity Orders: Also known as Reg SHO, this SEC rule governs short selling and enforces the fact that clients have obligations to note whether they own a stock or are borrowing it.

Several Gateway Options: The speed of our OMS allows us to achieve low “latency,” which is the measure of time from when the OMS receives the order to when it is routed and the order is executed.

CAT Reporting: Bolt assists BD clients from avoiding regulatory pitfalls by providing CAT submission-ready files.