Direct Access Trading - DAT

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Dictionary Says

Definition of 'Direct Access Trading - DAT'


A system that allows a client to trade directly with another client, a market maker on Nasdaq, or a specialist on the floor of an exchange without broker interference.

Investopedia Says

Investopedia explains 'Direct Access Trading - DAT'


DAT is the preferred trading system for day traders, where success is dependent upon speed of execution. For the average investor, DAT is not necessary.

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