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Glossary > D > "Designated Order Turnaround - DOT" Definition

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.

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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.

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.