matched order


noun Stock Exchange.

an order placed with a broker to buy a specified stock at a price above the market price with the intention of immediately selling the stock through another broker at the same price. It is designed to give the appearance of active trading in the stock.

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weal

Origin of matched order

First recorded in 1900–05
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020