Inet Rash question (NYSE)

Discussion in 'Order Execution' started by llRoninll, Sep 20, 2006.

  1. I often use island when I provide liquidity (credit) and Brut when I take away liquidity (free if it hits the specialist).

    I have been told to use INET RASH. How is this different? Are credits given if liquidity is provided? Is there a charge to hit the specialist?

    Also, for large share lots, does INET RASH increase chances of getting filled due to the fact that it is routed?

    Any explaination of how INET RASH works would be greatly appreciated.