what is grey market stocks?
<answer> A gray market is an unofficial market where securities are traded. <context> What is a 'Gray Market' A gray market is an unofficial market where securities are traded. Gray (or “grey”) market trading generally occurs when a stock that has been suspended trades off-market, or when new securities are bought and sold before official trading begins. The gray market enables the issuer and underwriters to gauge demand for a new offering because it is a “when issued” market; i.e., it trades securities that will be offered in the very near future.