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1. Ulka   I Like It. |Report Abuse|  Link|January 24, 2011 4:24:06 PMReply
The process of buying or selling shares in the grey market is not monitored by stock exchange.The contract is entered into before the date of listing.There are two possible ways by which contract can be executed:The shares are sold to the client by the broker on the date of listing thereby adjusting profit or loss.Though there exist the another way too which is of transferring shares from one account to another, but due to several glitches, it is not considered