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Re: pennypuptech post# 118312

Wednesday, 10/03/2012 2:44:42 PM

Wednesday, October 03, 2012 2:44:42 PM

Post# of 232508
Here is a little something about Gray trades.

"So although a broker has put together a buyer and seller who have agreed on a price, the arrangement is subject to all parties honoring their word. Although in practice it’s unlikely, in theory it’s possible that a sharp price movement after that trade has been arranged will cause one party to “break” the trade. In such a case, there is no practical recourse for the other party"