parallel market Meaning in the Cambridge English Dictionary
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Meaning of “parallel market” in the English Dictionary

"parallel market" in Business English

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parallel marketnoun [C]

uk   us   (also parallel money market) FINANCE, STOCK MARKET
an ​unofficialmarket for ​shares, ​currencies, etc., which ​works at the same ​time as the ​officialmarket: The ​offshorecurrencymarket can be viewed as a ​parallelmoneymarket.on the parallel market Increased ​controls would likely spur more ​activity on the ​parallelmarket.
(Definition of parallel market from the Cambridge Business English Dictionary © Cambridge University Press)
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