grey market broker

does anyone know of a broker that allows orders on the US Grey Sheets?

IB only allows to-close orders (by phone), other brokers either don't allow it, or don't seem to know whether they allow it. anyone know more? thanks.

(edited for clarification)

 

I'm not familiar with the term "Grey Market". Can you give an example or define it?

 

You're referring to 'Grey Sheets', right?

 

Yes, rb7 is right; i meant the Grey Sheets. Apologies!

 

Do you want to trade IPO's or delisted stocks?

 

Delisted stocks. Not something that happens regularly, but would be nice to have on the odd occassion that something pops up.

 

are you referring to OTC?
https://www.otcmarkets.com

bob

 

Bob, the Grey Sheets are part of the OTC, but most OTC stocks can be traded at most brokers. Grey Sheets are different as they don't have publicly advertised bid+ask, only last price, no regulation etc.. Most of it is junk, but there are exceptions. http://www.extraordinaryinvestor.com/grey-sheets.html

 

Delisted stocks are not for me. Same with "most" OTC. To hard to trade and easier to manipulate.

 

Full-service brokers usually offer that type of service but I can't help you on that one. Unregulated/unliquid markets are not my cup of tea. There is so many opportunities out there besides delisted stocks.