InvestorQ : How is the grey market different from an organized stock exchange?
Archita Jajjoo made post

How is the grey market different from an organized stock exchange?

Answer
image
Arusha Ray answered.
2 years ago
Follow

Since it is an unofficial market, the trades are largely carried on over the telephone. Before a company lists, these grey market traders will start bidding on the IPO shares based on factors like the institutional appetite, retail appetite, extent of oversubscription, reputation of the promoters etc. Grey market prices are determined by demand and supply.

1 Views