The stoplight loosejaws are small, deep-sea dragonfishes of the genus Malacosteus, classified either within the subfamily Malacosteinae of the family Stomiidae, or in the separate family Malacosteidae. They are found worldwide, outside of the Arctic and Subantarctic, in the mesopelagic zone below a depth of 500 meters. This genus once contained three nominal species: M. niger, M. choristodactylus, and M. danae, with the validity of the latter two species being challenged by different authors at various times. In 2007, Kenaley examined over 450 stoplight loosejaw specimens and revised the genus to contain two species, M. niger and the new M. australis.

Stomiidae is a family of deep-sea ray-finned fish, including the barbeled dragonfishes. They are quite small, usually around 15 cm, up to 26 cm. These fish are apex predators and have enormous jaws filled with fang-like teeth. They are also able to hinge the neurocranium and upper-jaw system, which leads to the opening of the jaw to more than 100 degrees. This ability allows them to consume extremely large prey, often 50% greater than their standard length.