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matched order

noun, Stock Exchange.
1.
an order placed with a broker to buy a specified stock at a price above the market price with the intention of immediately selling the stock through another broker at the same price. It is designed to give the appearance of active trading in the stock.
Origin
1900-1905
1900-05
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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15
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