matched orders

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 ?
execution of matched orders on two markets (locked markets) facilitates
The traded volume of the transaction equals the smaller size of matched orders, and the transaction price is the quote of earlier submitted one of matched orders.
Third is the so-called improper matched orders. This is prohibited if both the buy and sell orders are entered at the same time with the same price and quantity by different colluding parties.
Matched orders will not be confirmed trades until they are successfully reported, which can take up to two seconds.