Words / M / Law

matched orders

noun

C2CEFR level
88/100Rarity: very rare
TechnicalRegister

Prearranged buy and sell orders entered to create the false appearance of trading activity in a security.

The pair ran matched orders across two accounts to paint the tape and lure momentum buyers.

Similar: wash trades

Topic: Banking & finance law in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Banking & finance law