Glossary
Gray market
Informal, unregulated capital market.
Securities that have not yet been officially issued are traded in the gray market. The disadvantages to trading in the gray market are a lack of market transparency and a low degree of liquidity.
Antonym: organised capital market/exchange
Our glossary explains important financial terms and should not leave any questions unanswered. However, if you are missing a definition, please write to us at redaktion@deutsche-boerse.com. We will then include the term if possible.
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