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Strategies & Market Trends : DAYTRADING Fundamentals
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To: Eric P who wrote (278)6/8/1999 12:59:00 PM
From: Leland Charon   of 18137
 
Eric (and thread),

The Superdot system:

The SuperDOT system is the electronic order-routing system through which NYSE member firms transmit market and limit orders directly to the trading post where the security is traded. After the order has been completed in the auction market, a report of execution is returned directly to the member firm office over the same electronic circuit that brought the order to the Trading Floor.

I do not believe that your order is routed to any of the regional exchanges. NASD member firms can trade listed stocks via a special order execution system as well. On my terminal their orders are reflected as NAS. The only exchange that I pay attention to is NYSE for New York stocks and ASE for the American stock exchange.

Hope this helps,

Leland

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