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Posted On: 05/24/2021 11:07:14 AM
Post# of 22461
It's a shady area for manipulation:
Gray Market Definition - Investopedia
In gray market trading, while the trade is binding, it cannot be settled until official trading begins. This may cause an unscrupulous party to renege on the trade. Due to this risk, some institutional investors, like pension funds and mutual funds, may refrain from gray market trading.

https://www.investopedia.com › terms
Gray Market Definition - Investopedia
In gray market trading, while the trade is binding, it cannot be settled until official trading begins. This may cause an unscrupulous party to renege on the trade. Due to this risk, some institutional investors, like pension funds and mutual funds, may refrain from gray market trading.

https://www.investopedia.com › terms
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