Unit-2
Chapter 07
Online trading systems of Bombay
Stock Exchange (BSE-BOLT)
BSE's trading system, (BOLT) is a powerful platform. BOLT is an online trading
platform developed by the Bombay Stock Exchange (BSE), one of India's leading
stock exchanges. It enables trading activities across 118 cities in India, operating
from Monday to Friday, between 9:15 a.m. and 3:30 p.m. BOLT has two-tier
architecture. The trader workstations are connected directly to the backend server,
which acts as a communication server and a Central Trading Engine (CTE). Other
services like information dissemination, index computation, and position
monitoring are also provided by the system. Access to market related information
through the trader workstations is essential for the market participants to act on
real-time basis and take immediate decisions. BOLT has been interfaced with
various information vendors like Bloomberg, Bridge, and Reuters. Market
information is fed to news agencies in real time It makes the trade efficient,
transparent and time saving.
Features of BOLT
1. Real-time Trading Solution: BOLT provides a hosted solution, allowing users
to watch real-time market prices and execute orders instantly. BOLT plus on Web
- BOW is a powerful real time trading solution provided by BSE Tech Infra
Services Pvt Ltd. The application is available as a Hosted solution and allows
the user to watch real time market prices and execute orders in multiple
exchanges and markets instantaneously.
2. Multi-Exchange Access: Bolt provides the multiple facilities to investors; Users
can access multiple exchanges and markets, including BSE, NSE, MCX, and
NCDEX. User can trade in any exchange by using the online platform
3. Security Features: BOLT ensures secure transactions with the two-factor
authentication, Secure Socket Layer (SSL),Transaction password, IP-based login
restrictions etc.
4. Order and Trade Management: BSE-BOLT provides the trade management
facilities to investors Supports various order types, including, Limit order, Market
orders, Stop-loss orders, Block deals etc.
5. Risk Management: BOLT has an in-built risk management system to monitor
and manage trading risks.
BOLT plus On Web (BOW)
BOW is an advanced version of BOLT, offering additional features:
1. Customizable Interface: Users can personalize their trading experience with
customizable keys and theme-based layouts.
2. Market Analytics: Provides real-time market analytics, news feeds, and
scanners.
3. Mobile Trading: Available on Android and iOS devices.
4. Advanced Charting Tools: Offers technical analysis tools for informed
decision-making.
5. Real-time Portfolio Tracking: Enables users to monitor their portfolio
performance.
Benefits of BOLT
1. Efficient Trading: Fast and reliable trading experience.
2. Transparency: Real-time market data and trade confirmations.
3. Security: Robust security features to protect user transactions.
4. Scalability: Supports high-volume trading.
5. Accessibility: Available across multiple cities and devices.
Technical Requirements
1. Hardware: Minimum Pentium IV processor, 2 GB RAM, and 50 GB HDD.
2. Software: Windows XP/7/8/10, Linux, or macOS.
3. Internet: High-speed internet connection (512 kbps or higher).
4. Browser: Compatible with Chrome, Firefox, and Internet Explorer.
Member Benefits
1. Low Latency: Fast execution of trades.
2. Co-Location Facility: Reduced latency and improved trading performance.
3. Market Data Feeds: Access to real-time market data.
4. Training and Support: Comprehensive training and technical support.
Conclusion
BOLT, BSE's trading system, offers a robust, secure, and efficient trading
experience for users in India. Its advanced features, scalability, and accessibility
make it a popular choice among traders and investors.
