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SuperDot

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SuperDot- This is an electronic system used on the New York Stock Exchange to place orders of listed stocks.
Systematic Risk- This is the risk possessed on an individual which cannot be reduced by diversification.

 


SuperDOT
An electronic system used to route 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% of all orders entered at the exchange.

SuperDot
NYSE execution technology.
Support
A historical price level at which falling prices have stopped falling and either moved sideways or reversed direction; usually seen as a price chart pattern.

Support Line ...

Also known as "SuperDOT."
Desk Trader
A trader who is restricted to instituting trades for a firm's clients and who is unable to trade with his/her firm's own accounts.

Instinet (which bought Island in 2002),
Archipelago (although technically it is now an exchange rather than an ECN),
the Brass Utility ("brut"), and
the SuperDot electronic system now used by the NYSE.

An electronic order system that has been developed by the New York Stock Exchange to execute small market and limit orders by directly routing them to the specialist on the NYSE floor. Also called SuperDOT.
More from YD ...

Topics include market makers, specialists, SuperDOT, ECNs, SOES, Level I, II, and III Access, and more. Electronic Trading Tutorial
We delve into common stock owner's privileges and how to be vigilant in monitoring a company.

BBSS enables member firms to quickly and efficiently process and manage their orders and selectively route orders via SuperDot directly to either the trading post or the booths on the NYSE Trading Floor.

See also: Market, Exchange, Stock, Specialist, Investment

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