Designated Order Turnaround (DOT) 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: 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 |