matched order

noun

: one of two orders designed to create artificial activity in the stock market:

a

: an order placed by an individual through one broker to buy usually at an above-market price a number of shares of stock that the individual intends to sell at once at the same price through another broker

b

: the order placed by the individual to sell stock that has been so bought

The Ultimate Dictionary Awaits

Expand your vocabulary and dive deeper into language with Merriam-Webster Unabridged.

1. Expanded definitions
2. Detailed etymologies
3. Advanced search tools
4. All ad-free

Discover what makes Merriam-Webster Unabridged the essential choice for true word lovers.

Start Your Free Trial Now