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matched order

American

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.

First recorded in 1900–05

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023