Full text of BULLTICK, LLC's X-17A-5 filed 2020-03-02 (period 2019-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # **BULLTICK, LLC** #### STATEMENT OF FINANCIAL CONDITION #### DECEMBER 31, 2019 {1}------------------------------------------------ ## TABLE OF CONTENTS | Report of Independent Registered Public Accounting Firm<br>. | | | |--------------------------------------------------------------|------|--| | Financial Statements: | | | | Statement<br>of Financial Condition | 2 | | | Notes to Financial Statements. | 3-11 | | {2}------------------------------------------------   {3}------------------------------------------------ # **BULLTICK, LLC STATEMENT OF FINANCIAL CONDITION December 31, 2019** #### **ASSETS** | Cash | \lt;br>175,657 | |-----------------------------------------------------|-----------------| | Financial instruments owned, at fair value (Note 3) | 8,388 | | Receivable from clearing brokers (Note 6) | 547,556 | | Deposits with clearing brokers (Note 6) | 301,814 | | Commissions and other fees receivable, net | 182,847 | | Other assets | 28,843 | | TOTAL ASSETS | \lt;br>1,245,105 | | | | | LIABILITIES AND MEMBER'S EQUITY | | | Accounts payable and accrued expenses | \lt;br>345,911 | | Due to related parties (Note 4) | 28,297 | | TOTAL LIABILITIES | 374,208 | | Commitments and contingencies (Note 8) | | | | | | MEMBER'S EQUITY | 870,897 | | TOTAL LIABILITIES AND MEMBER'S EQUITY | \lt;br>1,245,105 | The accompanying notes are an integral part of these financial statements. {4}------------------------------------------------ #### **Note 1 – Organization and Description of Business** #### Business and Organization Bulltick, LLC, (the "Company") is a Delaware limited liability company and wholly-owned subsidiary of Bulltick Capital Markets Holdings, LLC which is a Delaware limited liability company. The Company is registered as a securities broker-dealer with the Securities and Exchange Commission ("SEC"), is a member of the Financial Industry Regulatory Authority ("FINRA"), Securities Investor Protection Corporation ("SIPC") and the National Futures Association ("NFA"), and is authorized to conduct securities sales, trading and brokerage activities on a fullydisclosed basis. The Company is also a member of the NASDAQ Stock Market. The Company acts primarily in an agency capacity for its customers, located mostly within Latin America, providing customers with executions of mostly United States ("US") traded equity securities, including Exchange Traded F…Read the full text as markdown