Browse Definitions :
Definition

RASHport (Routing and Special Handling)

RASHport, also called RASH (Routing and Special Handling), is a digital communications protocol that allows customers of the NASDAQ (National Association of Securities Dealers Automated Quotations) to conduct business in the options market. RASHport is based on the same technology as the OUCH protocol, which allows subscribers to integrate NASDAQ into proprietary networks.

The RASHport protocol allows subscribers to place limit orders and receive updates on those orders with minimal latency and optimum speed. Advanced functions include:

  • Discretion
  • Random reserve
  • Pegging
  • Cross functionality
  • Special handling
  • Smart order routing
  • Delivery of real-time execution information (DROP)

RASHport works by passing logical messages between the host and the client application. Inbound messages are processed in the order received. Each new order contains a token specifying the date and the name of the account. Once a token has been used, it automatically expires so it cannot be used again. When an order has been placed and the action has been accepted by the host, an acknowledgment message is sent to the customer.

This was last updated in January 2008

Continue Reading About RASHport (Routing and Special Handling)

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

File Extensions and File Formats

Powered by:

SearchCompliance

  • risk assessment

    Risk assessment is the identification of hazards that could negatively impact an organization's ability to conduct business.

  • PCI DSS (Payment Card Industry Data Security Standard)

    The Payment Card Industry Data Security Standard (PCI DSS) is a widely accepted set of policies and procedures intended to ...

  • risk management

    Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings.

SearchSecurity

SearchHealthIT

  • telemedicine (telehealth)

    Telemedicine is the remote delivery of healthcare services, such as health assessments or consultations, over the ...

  • Project Nightingale

    Project Nightingale is a controversial partnership between Google and Ascension, the second largest health system in the United ...

  • medical practice management (MPM) software

    Medical practice management (MPM) software is a collection of computerized services used by healthcare professionals and ...

SearchDisasterRecovery

SearchStorage

  • hot plugging

    Hot plugging is the addition of a component to a running computer system without significant interruption to the operation of the...

  • M.2 SSD

    An M.2 SSD is a solid-state drive (SSD) that conforms to a computer industry specification and is used in internally mounted ...

  • kilobyte (KB or Kbyte)

    A kilobyte (KB or Kbyte) is a unit of measurement for computer memory or data storage used by mathematics and computer science ...

Close