Bolt

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Bolt

Used for listed equity securities. Block trading version of COLT.

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.
References in classic literature ?
It was a Nantucket ship, the Bachelor, which had just wedged in her last cask of oil, and bolted down her bursting hatches; and now, in glad holiday apparel, was joyously, though somewhat vain-gloriously, sailing round among the widely-separated ships on the ground, previous to pointing her prow for home.
The colts were wild and frolicsome, and one of them bolted across the road and blundered up against Lizzie's hind legs, and whether it was the stupid colt, or the loud cracking of the whip, or both together, I cannot say, but she gave a violent kick, and dashed off into a headlong gallop.
There was no place for him anywhere --every direction he turned his gaze, this fact was forced upon him: Everything was built to express it to him: the residences, with their heavy walls and bolted doors, and basement windows barred with iron; the great warehouses filled with the products of the whole world, and guarded by iron shutters and heavy gates; the banks with their unthinkable billions of wealth, all buried in safes and vaults of steel.
As soon as I was in the old gentleman he locked the door and barred it and bolted it, and told the young men to come in with their guns, and they all went in a big parlor that had a new rag carpet on the floor, and got together in a corner that was out of the range of the front windows -- there warn't none on the side.
With this, a number of them bolted at him; but they were intercepted by some more timid than themselves, and the be- trayer escaped their vengeance, and has not been seen in New Bedford since.