matched book

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Matched book

A bank runs a matched book when the of maturities of its assets and liabilities is distribution equal.

Matched Book

A situation in which the funds a bank or brokerage has borrowed equal the funds it has lent to customers, where both borrowed and lent funds have the same maturity. A matched book is one way a financial institution can reduce its risk because a matched book does not add to its liabilities.

matched book

The position of a broker-dealer when funds borrowed are equal to funds lent to customers.
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The paper notes that each of these developments raises multiple considerations for market participants, but that the incentives in addressing these considerations vary greatly across collateral providers, cash investors, matched books, interdealer brokers, and regulators.