INET ( island ) ECN rule change ?

Discussion in 'Order Execution' started by SethArb, Dec 5, 2006.

  1. I am seeing a message today that INET ( island )

    does not accept orders less than 100 shares

    ( at least with my broker ) for execution

    is this a recent rule change by them ?

    are odd lots finished for traders ?

    ( I know this sounds funny for some of you )

    but it has sometimes been a strategy for me
    or if I wish to put on a smaller amount of shares
    less than 100 to be able to do so with INET ( island )

    perhaps one needs to execute in 100 shares and then
    is allowed to scale out in smaller size ?

  2. inet is not inet anymore, it´s nasdaq now