what is a "rash order" ?

[Warrior4g]

anyone know what that is? instead or arca or island,you can use a rash order?

 

[HolyGrail]

It's instinet's smart router. It's an acronym for Routing And Special Handling.

 

[Warrior4g]

how does it benefit a trader? example? thank you

 

[HolyGrail]

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.

 

[Warrior4g]

thanks buddy.

 

[stonedinvestor]

My whole chest breaks out into a big one when the pressure is on the market. ~stoney