Designated Order Turnaround (DOT) System

(1) An electronic order entry system developed and used by the New York Stock Exchange to expedite the execution of small market and limit orders by routing them directly to the specialist post on the floor. This system is actively used in program or portfolio trading in NYSE stocks. The proper name of the NYSE system is SuperDOT. (2) Generically, an electronic system that delivers orders to an exchange floor or other order matching system for automatic or semi- automatic execution.

Glossary * D