Financial

Bolt

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Bolt

Used for listed equity securities. Block trading version of COLT.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Bolt

A computerized order-entry system that sends buy or sell orders for block, over-the-counter trades. It is used to automatically execute orders, and allow users to monitor their positions. It operates much like the continuous on-line trading system, but only for block trades.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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References in periodicals archive
Haas, "Analysis of rock bolting to prevent shear movement in fractured ground," Minerals Engineering, vol.
The mechanical interaction mechanism among steel tube, bonding material, and bolt is drawn in Figure 3; for a specific segment taken from the bolting system, it always keeps axial mechanical equilibrium, which means that the overall resultant force applied on the upper end equals that of the lower end.
That has led a group of engineers to form the Bolting Technology Council, based in New York City, "to sponsor research, to collect and exchange information, and to do whatever else is required to reduce the uncertainties of assembly results."
Although many are still installed manually, mines are coming to appreciate that fully mechanised rock bolting gives reliable good quality, efficiency and greater safety.
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