Saitori

Saitori

A member on the Tokyo Stock Exchange that matches buy and sell orders with each other in order to facilitate trading and promote liquidity on the exchange. Unlike specialists on the NYSE, however, they are not allowed to trade on their own accounts. See also: Market maker.
References in periodicals archive ?
But Ntimama and Saitori combined could deny Kanu the Maasai votes in the two Maasai-dominated districts of Kajiado and Narok.
It should be noted that the Itayose mechanism differs from the NYSE call market mechanism and the NASDAQ informal pre-opening price discovery in one important respect: Unlike the specialist and NASDAQ dealers, the saitori (TSE market makers) do not trade on their own accounts; they are simply match-makers.