Sell Side

Clearing Broker Integration

We partner directly with your clearing broker(s) to transfer files efficiently. This partnership helps streamline your risk and position management by giving you a complete view of your data.

Start of Day Positions
Gain a precise, consolidated start-of-day position view with our automated import of positions from all connected brokers.
Buying Power
Buying power is the real-time, calculated amount you have available to trade in your account. Our system continuously monitors your buying power to ensure that all orders and positions are compliant with the rules set by your broker-dealer and applicable regulations.

Easy to Borrow
Traders can efficiently locate borrowable securities for short selling across multiple clearing (Prime) brokers with comprehensive ETB lists.
Non-Marginable Securities List
Prevent the trading of investments that cannot be traded using borrowed money (margin) from your brokerage firm.

EOD Files Including Allocations
Supports end-of-day file and end-of-day trade allocations to multiple accounts, ensuring accurate post-trade processing.
Electronic Stock Loan Management
(Subject to Availability)
Real-time securities lending management with your preferred vendors & clearing firms, to include rates and availability.

Commission Management
Enhance your client commission process with our system, which systematically transfers commission data to your clearing firm via end-of-day files.

Reporting

Consolidated Audit Trail

Our platform supports seamless CAT compliance by:

By automating CAT reporting, our system helps firms reduce risk, ensure regulatory compliance, and focus on trading operations without worrying about back-office complexities.

Capturing and formatting every key detail about your trade, from the instant you place an order, through any changes, to its final execution. This helps ensure a complete and accurate record of all trading activity.
Submitting reports to the CAT central repository within regulatory timelines
Validating data for accuracy and completeness
Managing error corrections and compliance monitoring

CAIS Reporting

AQUAS BLUE supports comprehensive CAIS (Customer Account Information System) Reporting, enabling firms to meet FINRA’s regulatory requirements with confidence and efficiency. Our platform automates the collection, validation, and submission of account-level data, including account openings, updates, and authorized individuals, ensuring timely and accurate filings. With built-in audit trails, exception handling, and compliance alerts, AQUAS BLUE helps firms maintain data integrity and stay ahead of regulatory obligations in a secure and streamlined manner.

Exception Reporting (Wash Sales, Spoofing, Layering, Log Files, etc)

AQUAS BLUE provides powerful Exception Reporting tools designed to detect and flag irregular trading activity in real time. The platform monitors for potential compliance breaches such as wash sales, spoofing, layering, and other market manipulation tactics. Integrated log file analysis and customizable rule engines allow compliance teams to quickly identify exceptions, investigate patterns, and generate audit-ready reports. With automated alerts and detailed audit trails, AQUAS BLUE ensures firms maintain market integrity and regulatory readiness at all times.

Rule 606/605 Reporting

Our platform automates compliance with SEC Rules 605 and 606, delivering full transparency into order execution and routing practices.

‍Rule 605 (Execution Quality):
We generate detailed execution quality reports, including metrics like execution speed, price improvement, and fill rates, ensuring your firm meets disclosure requirements with accuracy and consistency.

‍Rule 606 (Order Routing):
Our system compiles and delivers both public and customer-specific reports on order routing, including venue usage and payment for order flow (PFOF) disclosures, helping your firm stay compliant and transparent.With our built-in 605/606 reporting engine, you can streamline regulatory workflows, reduce manual effort, and demonstrate a commitment to best execution.

Important Note on Options Trading

Trading in options, particularly complex multi-leg strategies, involves substantial risk and is not suitable for all investors. Investors can lose their entire investment or may be subject to additional liability. Please ensure you fully understand the risks and consult with a financial professional if needed. Past performance is not indicative of future results.

Rule 606/605 Reporting

Risk Disclosure Statement

Understanding the Risks of Using Our Trading Platform While we strive to provide a robust and secure trading environment, it is crucial for all users to understand the inherent risks associated with electronic trading platforms and financial technology. This disclosure outlines some of these potential risks, though it is not an exhaustive list:

Technology Risk Disclosure

Cybersecurity Risks
- Unauthorized Access: There is a risk of potential privacy violations, hacking attempts, and data breaches by cybercriminals, which could compromise your personal and financial information.
- Malware and Ransomware: Your access to trading or data could be disrupted, stolen, or blocked by malicious software like malware or ransomware.
Operational and System Risks
- System Failures: Our platform, like any complex technology, can experience bugs, outages, delays, or other disruptions. These issues may affect trading execution, potentially leading to missed opportunities or unintended outcomes.
- Data Integrity: Flaws or inaccuracies in data feeds can occur, which might lead to unfavorable trading decisions or outcomes based on incorrect information.
- Connectivity Issues: Problems with internet connection or network infrastructure (either on your end or ours) can delay or prevent timely trading, impacting your ability to execute orders as intended.
- Monitoring Challenges: Despite our best efforts, challenges can arise in system monitoring, including issues with data input, procedural violations, or inaccurate setting of parameters, which could impact the system's performance or compliance.
Regulatory and Market Risks
- Regulatory Changes: The financial regulatory landscape is dynamic. Unpredictability of future regulations can result in new requirements, fines, penalties, or legal repercussions for the firm, which may indirectly impact services or costs.
- Technology Limitations: Even with advanced technology, system defenses are not infallible. We continuously work to enhance our security and performance, but no system can guarantee absolute protection against all threats or perfect operation at all times.
Technology Investment and Service Impact
- Maintaining effective, cutting-edge technology, especially with the rapid development of areas like Artificial Intelligence, involves significant costs. While we invest heavily in our platform, these costs can influence service offerings and pricing.

Your Responsibility

It is essential that you understand these risks before engaging in trading activities on any electronic platform. By using our services, you acknowledge these inherent risks. We encourage you to implement your own robust security practices and to continuously educate yourself on market and technology risks.

Rule 606/605 Reporting