释义 |
DictionarySeedotLegalSeeDotDesignated Order Turnaround
Designated Order TurnaroundA computerized order-entry system on the New York Stock Exchange that bypasses brokers and automatically executes orders at the best available price through a specialist on the trading floor. It is used predominantly for small and odd-lot orders. See also: SOES.Designated Order Turnaround (DOT) 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. The system speeds the execution of orders and allows increased volume on the floor by bypassing commission brokers.AcronymsSeeDOT |