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matched and lost

 - 1 dictionary result
Financial Dictionary

matched and lost

A report to a customer from a broker that an order was not executed because it lost out to another broker with an order of equal priority. When two or more orders are considered equal, the brokers must match to determine which one is executed.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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