DOT


 

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DOT

See: Designated Order Turnaround System



DOT

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Designated order turnaround system (DOT)

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, depending on the basket size. Also used for odd-lot transactions to occur at the prices and quantities available. See: AOS.


Super DOT

Super DOT

Super DOT provides faster DOT than regular DOT and focuses on large-size DOT and DOT. See: DOT.


Ultradot

Ultradot

Applies to derivative products. Firm proprietary software that stores, and sends baskets of stock through SEAQ to either the NYSE or the curb for program trading.


DOTM

DOTM

See: Deep out of the money




 
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