Speculative: Difference between revisions
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* [[Arbitrage]] | * [[Arbitrage]] | ||
* [[Carry trade]] | * [[Carry trade]] | ||
* [[Default]] | |||
* [[Credit rating]] | * [[Credit rating]] | ||
* [[Hedging]] | * [[Hedging]] | ||
Revision as of 22:04, 6 August 2020
1. Credit ratings.
A rating attributed to a security that is deemed speculative (less certain in respect of the preservation of the capital invested) in the opinion of a credit rating agency such as Fitch Ratings, Moody’s or Standard and Poor’s.
Speculative grade represents credit ratings which are weaker than investment grade.
Also known as 'non-investment' grade.
2. Trading.
A transaction, investment or position taken in the hope or expectation of a gain following a favourable change in market prices.
Contrasted with a hedging or arbitrage transaction.
