​KembaraXtra – Legal Terms – Matching Broker


A matching broker is a broker operating within the Stock Exchange system whose function is to match buyers and sellers of securities.


The broker assists in ensuring that transactions are completed efficiently and at suitable market prices. Matching brokers contribute to the orderly functioning of financial markets.


Their role differs from that of dealers who trade on their own account, as matching brokers primarily facilitate transactions between parties.


The position forms part of the broader regulatory and operational structure of stock exchange trading systems.