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Designated Order Turnaround – DOT (SuperDOT)

01/04/2010 by admin

An electronic order-routing system used by NYSE member firms to send market and limit orders to the NYSE. It has been enhanced to support all Hybrid Market order types.
Basically , this 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.”

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

Filed Under: General Tagged With: Designated Order Turnaround, DOT, stock trading, Super DOT, trading

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