Paired off

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Paired off

Used for listed equity securities. Matched buy and sell market orders, usually pertaining to the pre-opening market picture in a stock, or MOC orders (especially relating to futures/options expirations).

Paired Off

Describing two brokerage firms that buy/sell securities to each other without delivering the physical securities. Regulations require that the delivery occur within three days of the trade date. Pairing off indicates that the two brokerages are trading non-existent securities in order to create the impression of increased or decreased demand and thereby manipulate the price. Pairing off is illegal.
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Give us two weeks more, Miss Carr--only two weeks to wash up our work and realize--and we'll give you a pair of 2.
Ha, by my life, master mine," said Sancho, "it's not I that am stringing proverbs now, for they drop in pairs from your worship's mouth faster than from mine; only there is this difference between mine and yours, that yours are well-timed and mine are untimely; but anyhow, they are all proverbs.
As Danglars approached the disappointed lover, he cast on him a look of deep meaning, while Fernand, as he slowly paced behind the happy pair, who seemed, in their own unmixed content, to have entirely forgotten that such a being as himself existed, was pale and abstracted; occasionally, however, a deep flush would overspread his countenance, and a nervous contraction distort his features, while, with an agitated and restless gaze, he would glance in the direction of Marseilles, like one who either anticipated or foresaw some great and important event.
Yet in the case of those contraries which have an intermediate we found that it was never necessary that either the one or the other should be present in every appropriate subject, but only that in certain subjects one of the pair should be present, and that in a determinate sense.
Her name was Hannah and her husband's Matthew; two homely names, yet well enough adapted to the simple pair, who seemed strangely out of place among the whimsical fraternity whose wits had been set agog by the Great Carbuncle.
Add to that a pair of black eyes with yellowish whites, a proud glance, gleaming teeth, and lips which were perennially pomaded and redolent of musk.
Then the wedded pair walked back through two lines of joyous relations who did not belong to them, and whose only interest in their marriage was the delay caused to their own wedding by this gloomy bridal.
Mortimer looked at Holmes with an air of professional interest, and Sir Henry Baskerville turned a pair of puzzled dark eyes upon me.
There was once a shoemaker, who worked very hard and was very honest: but still he could not earn enough to live upon; and at last all he had in the world was gone, save just leather enough to make one pair of shoes.
One of the pair was Angel Clare, the other a tall budding creature--half girl, half woman--a spiritualized image of Tess, slighter than she, but with the same beautiful eyes--Clare's sister-in-law,
Suddenly I heard the shuffling noise at my right, and, looking, saw another pair of eyes, evidently approaching from an intersecting corridor.
The Torzhok peddler woman, in a whining voice, went on offering her wares, especially a pair of goatskin slippers.