Designated Order Turnaround (DOT) investment & finance definition An electronic system on the New York Stock Exchange that channels smaller orders directly from a member firm to the specialist post on the exchange floor.
A Designated Order Turnaround cannot be used with every investment option. The process is limited to securities that are listed with the DOT, and can handle such transactions as limit orders, basket trades and several other types of market orders.
Designated Order Turnaround (DOT) An order routing and execution reporting system of the NYSE (New York Stock Exchange). Diagonal Spread A spread of the same class of options but with different exercise prices and different expiration dates.
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." ...
Designated Order - An order submitted by a syndicate member on behalf of a buyer on which all or a portion of the takedown is to be credited to certain members of the syndicate.
Designated order turnaround system (DOT) Computerized order entry system that allows orders to buy or sell large baskets of stock to be transmitted immediately to the specialist on the exchange, where execution will occur quickly, ...
Designated order: In a municipal bond underwriting, an order by the buyer specifying the syndicate member who receives the compensation for the order.
Designated Order Turnaround This is often called DOT - the NYSE electronic system for order handling, permitting... Desk (the) This term refers to the securities department at the New York Federal Reserve...
Among other things, it is used to execute computerized program trades. SuperDOT handles about 80% of all orders entered at the exchange. DOT is an acronym for Designated Order Turnaround. Back to Top ...
buy and sell orders to the floor of the New York Stock Exchange. Among other things, it is used to execute computerized program trades. SuperDOT handles about 80 percent of all orders entered at the exchange. DOT is an acronym for Designated Order ...
See also: Orders, Order, Investment, Share, Stock
 
|