Legal Regulation of Matched Trades A Research Report

Matched trading also known as Wash Trading is a typical form of market manipulation in financial markets. It involves the use of fictitious transactions between linked accounts to create a false illusion of liquidity or price signals, severely undermining market fairness and the price discovery function. This report systematically reviews the legal definitions, behavioral patterns, contentious issues, and improvement paths of matched trading, based on both domestic and international legislative practices, key disputes, and authoritative literature. It also proposes targeted regulatory recommendations. Liu Hainan | Wu Ruohan | Zhu Siyu | Guan Zhiwei | Wang Guanlin "Legal Regulation of Matched Trades: A Research Report" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-9 | Issue-5 , October 2025, URL: https://www.ijtsrd.com/papers/ijtsrd97393.pdf Paper URL: https://www.ijtsrd.com/other-scientific-research-area/other/97393/legal-regulation-of-matched-trades-a-research-report/liu-hainan