matched orders

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Matched orders

Used for listed equity securities. Participate in equal amounts of a trade at a certain price, particularly when two parties have the same level of priority on the exchange floor (this requires standing in the trading crowd).

Matched Orders

1. Two equal but opposite orders to buy and sell a security. A clearing house matches orders so that all orders can be filled in due order.

2. The practice of two investors buying and selling a security to each other in order to create the impression of higher trading volume. This is an illegal practice intended to artificially inflate the security's price.

matched orders

1. The purchase and sale of the same security by an individual or organized group of individuals with the intention of giving the impression of unusual trading activity in the security. Matching orders is intended to get other investors interested in a particular security, but it is illegal.
2. A balance of buy orders and sell orders before the opening of trading in a security.
References in periodicals archive ?
By placing these matched orders, Levy caused sales of securities from his personal account to Boston Provident's accounts at inflated prices.
13, 2001, Kellogg placed matched orders to buy and sell millions of shares of Thoratec Corp.
Matched orders will not be confirmed trades until they are successfully reported, which can take up to two seconds.
The complaint further alleges that by engaging in "interpositioning," the Specialist Defendants caused public investors (including plaintiff and the Class) to incur damages by allegedly depriving them of the sale price for their stock that they would have realized had the Specialist Defendants properly matched orders rather than engaging in interpositioning in order to lock in a riskless profit.

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