Designated Order Turnaround - DOT (SuperDOT)

Dictionary Says

Definition of 'Designated Order Turnaround - DOT (SuperDOT)'

An electronic system that increases order efficiency by routing orders for listed securities directly to a specialist on the trading floor, instead of through a broker.

Also known as "SuperDOT."
Investopedia Says

Investopedia explains 'Designated Order Turnaround - DOT (SuperDOT)'

The DOT system is used by the New York Stock Exchange for small order entries, limit orders, and basket and program trades.

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Related Definitions

  1. Basket Trade

    An order to buy ...
  2. Broker

    1. An individual ...
  3. Electronic Communication Network - ECN

    An electronic ...
  4. New York Stock Exchange - NYSE

    A stock exchange ...
  5. Program Trading

    Computerized ...
  6. Specialist

    A member of an ...
  7. SelectNet

    An automated ...
  8. Boom

    A period of time ...
  9. Dow Jones Industrial Average - DJIA

    The Dow Jones ...
  10. Blue-Chip Index

    A stock index ...

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