what is a "rash order" ?

Discussion in 'Order Execution' started by Warrior4g, May 1, 2008.

  1. anyone know what that is? instead or arca or island,you can use a rash order?
  2. It's instinet's smart router. It's an acronym for Routing And Special Handling.
  3. how does it benefit a trader? example? thank you
  4. It is supposed to have a larger liquidity pool and lower cost.

    Here is a description I found:

    RASH gives subscribers access to advanced functionality including discretion, random reserve, pegging, and routing.
  5. thanks buddy.
  6. My whole chest breaks out into a big one when the pressure is on the market. ~stoney