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.


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.

  1. Specialist

    A member of an exchange who acts as the market maker to facilitate ...
  2. Tokyo Stock Exchange - TSE

    The largest stock exchange in Japan, headquartered in its capital ...
  3. New York Stock Exchange - NYSE

    A stock exchange based in New York City, which is considered ...
  4. Member

    1. In the most general context, a brokerage firm (or broker) ...
  5. Market

    A medium allowing buyers and sellers of a specific good or service ...
  6. Equity Market

    The market in which shares are issued and traded, either through ...
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