| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,756,903,417 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
Designated order turnaround system |
0.03 sec. |
|
Designated order turnaround system (DOT) 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
As Van der Moolen previously announced in its October 16, 2003 press release, the New York Stock Exchange has been conducting an investigation and has indicated its intent to initiate disciplinary proceedings against Van der Moolen's majority-owned subsidiary, Van der Moolen Specialists USA, based on specialist trading activity that is alleged to have disadvantaged customers who entered orders via the NYSE's Designated Order Turnaround System. Additionally, the NYSE stated that for the three-year period ending December 31, 2002, Van der Moolen disadvantaged customers who entered orders via the NYSE's Designated Order Turnaround System ("DOT") through alleged "interpositioning" resulting in losses to customers of approximately $10 million. The Enforcement Division of the NYSE contends that, for the three-year period ended December 31, 2002, VDM-USA may have disadvantaged customers who entered orders via the NYSE's Designated Order Turnaround System ("DOT") through alleged "interpositioning," resulting in losses to customers of approximately $10 million. |
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|