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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Related Definitions

  1. Broker

    1. An individual ...
  2. Day Trader

    A investor who ...
  3. Market Maker

    A broker-dealer ...
  4. Nasdaq

    A computerized ...
  5. Specialist

    A member of an ...
  6. Close

    The end of a ...
  7. SOES Bandits

    A slang term for ...
  8. Broad Tape

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