Saitori

DEFINITION of 'Saitori'

A member of the Tokyo Stock Exchange who facilitates the trading of securities by matching buy and sell orders. Their role is to make the market as orderly and efficient as possible.

BREAKING DOWN 'Saitori'

The saitori are similar to specialists on the NYSE; however, specialists are not allowed to trade for their own account or for the general public. They trade for the members of the NYSE.

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