Super Designated Order Turnaround System |
| The system, superseding DOT, that transmits New York Stock Exchange (NYSE) member firms market and day limit orders, up to specified sizes in virtually all listed stocks, through the common message switch to the proper trading floor workstation. The orders are executed by people in the trading crowd at their posts as quickly as market interest and activity permit. Return reports are sent to the originating firms offices via the same electronic circuit that brought them to the floor. |
|
|