Designated Order Turnaround - DOT (SuperDOT)

What Does Designated Order Turnaround - DOT (SuperDOT) Mean?
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 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.

Related Terms

Basket Trade
Broker
Electronic Communication Network - ECN
New York Stock Exchange - NYSE
Program Trading
SelectNet
Specialist
More Related Terms

Related Links

Electronic Trading: SuperDOT - The SuperDOT system makes trading on the NYSE more efficient. Find out more here.
The Global Electronic Stock Market - The way trading is conducted is changing rapidly as exchanges turn toward automation.
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