Gray market


 

Home
Site Map
Add Term
Search
About Us
Contributors

Gray market

Refers to goods that are sold for a price lower than, or through a distributor different than, that intended by the manufacturer. Most commonly, goods that are intended by their manufacturer for one national market that are bought there, exported, and sold in another national market.

Gray market

Describes the sale of securities that have not officially been issued to firms other than the underwriting syndicate. This type of market serves as a good indicator of demand for a new issue in the public market.



Gray market

Similar Matches

Choice market

Choice market

Applies mainly to international equities. Locked market in London terminology.


Free capital markets

Free capital markets

This is not a standard term, but it seems to be used, variously, to describe the absence of government regulation of international capital flows, the absence of government or central bank intervention in exchange markets, and the absence of interference with national financial and development policies by international financial institutions.


Nasdaq stock market

Nasdaq stock market

The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies.


Market Not Held Order

Market Not Held Order

Also a market order, but the investor is allowing the floor broker to use his own discretion as to the exact timing of the execution. If the floor broker expects a decline in price and he is holding a "market not held buy order", he (she) may wait to buy, figuring that a better price will soon be available. There is no guarantee that a "market not held order" will be filled.


Intermarket Trading System (ITS)

Intermarket Trading System (ITS)

Electronic communications network linking the trading floors of seven registered exchanges to permit trading among them in stocks listed on either the NYSE or AMEX and one or more regional exchanges. Through ITS, any broker or market maker on the floor of any participating exchange can reach other participants for an execution whenever the nationwide quote shows a better price available. A floor broker on the exchange can enter an ITS order to assure excecution of all of an offering or bid, instead of splitting it with competing brokers.


Further Suggestions

Unmarketable Title
Foreign market beta
Firm market
Market power
Cash markets
Second market
market indices
market not held order
Market order go along or participating
Technical condition of a market
Nonmarketable security
secondary market
Aftermarket
Third market
Book to market
heavy market
Sold out market
Market value
Base market value
Permission marketing
Emerging Markets Free index (EMF)
Upstairs market
Futures market
Marketing board
euromarkets


 
All rights Reserved. Do not copy without permission.