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 Glossary   >   D   >   "Designated order turnaround system (DOT)" Definition   

        Designated order turnaround system (DOT)

Computerized order entry system which, for example, allows for orders to buy or sell large baskets of stock to be transmitted immediately to the specialist on the, where execution will occur in no longer than 2.5 minutes, depending on the basket size. Also used for odd lot transactions to occur at the prices and quantities available. See: A.O.S.

Designated order turnaround system (DOT)


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Designated order turnaround system (DOT) - Computerized order entry system which, for example, allows for orders to buy or sell large baskets of stock to be transmitted immediately to the specialist on the, where execution will occur in no longer than 2.5 minutes, depending on the basket size. Also used for odd lot transactions to occur at the prices and quantities available. See: A.O.S.


Designated order turnaround system (DOT) : computerized order entry system which, for example, allows for orders to buy or sell large baskets of stock to be transmitted immediately to the specialist on the, where execution will occur in no longer than 2.5 minutes, depending on the basket size. also used for odd lot transactions to occur at the prices and quantities available. see: a.o.s.