Dictionary
- Soft Dollars
- The value of research services that brokerage houses supply to investment managers free of charge in exchange for the investment managers business commissions.
- Specialist
- A stock exchange member who makes a market for certain exchange-traded securities, maintaining an inventory of those securities and standing ready to buy and sell shares as necessary to maintain an orderly market for those shares.
- Speculation
- Taking large risks, especially with respect to trying to predict the future; gambling, in the hopes of making quick, large gains.
- Speculative-Grade Bond
- Bond rated Ba or lower by Moody`s, or BB or lower by S&P, or an unrated bond.
- Speculator
- The person that ready to risk funds at fulfillment of trading operations for the sake of reception of the profit.