Super DOT Is an Electronic Order-Routing System Through Which Member

question 63

True/False

Super DOT is an electronic order-routing system through which member firms can transmit market and limit orders directly to the posts where the securities are traded.

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Definitions:

Post Reference Notation

An alphanumeric or numeric code used in accounting to indicate a journal entry has been posted to a particular ledger account.

Journal

A chronological record of all financial transactions, used to transfer information to the general ledger in the accounting process.

Journal Entries

Records of financial transactions in the accounting system, ensuring that the debit and credit balance.

Debit

A financial record that leads to a rise in assets or a reduction in liabilities on the balance sheet of a company.