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Investing Glossary:
Designated order turnaround system (DOT)
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Designated order turnaround system (DOT)
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| Definition: |
| 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.
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