Capital Markets: Traders

There are few insights that institutional investors will glean from the Rapid Ratings waterfall of daily, monthly and quarterly analysis that will not be immediately relevant to trading books in both equity and credit markets. Traders exploit perceptions and trends among end investors and, when possible, traders attempt to anticipate them. To miss the early signals of critical change in a company or an industry in which the trader involves himself – the early signals that subscribers obtain uniquely and repeatedly from Rapid Ratings – is to subject a trading book to unnecessary risk and opportunity cost. Rapid Ratings can serve traders on both offense and defense.

Rapid Ratings measures companies and sectors more broadly and frequently for operating and financial efficiencies than any other research firm of which we are aware. Therefore, the reports we publish contain important early signals of company and sector decline and revival that credit and equity traders do not receive elsewhere.

• Distressed market traders can easily survey the Rapid Ratings coverage field for previously unfamiliar candidates in abrupt or recurring deterioration, so as to isolate the critical elements of that deterioration and then anticipate and prepare for events before the rest of the marketplace crowds the trading.
• Long/short traders in both equity and credit markets can scrutinize Filters, Alerts and Sector Reports for plausible names on both sides of a trade and then bring up FHR and Indicator Reports, side by side, to determine every element of the pairs most likely to succeed.
• Investment grade traders can scan Filters, Alerts and Sector Reports for early indications of what may become Fallen Angels, while the market still permits traders and institutional investors same-spread dispositions into replacement names displaying stronger FHRs.
• Macro traders can survey Sector and Sector Comparison Reports for actionable, readily understood profiles of the Sectors that are strengthening and weakening.
• Equity traders can review the very same information as Macro Traders in order to anticipate Sector Rotation decisions in the making by institutional investors.

From a product perspective subscribers can instantly access our Company and/or Sector Reports at any time. They can see immediately which components are responsible for change in Company or Sector financial health.

Subscribers can also avail themselves of newly installed monitoring devices with which they can most efficiently subject the coverage universe of 9,000-plus public companies to the detection of companies sending whatever early signals best serve the trader’s style and objectives.  One such device, the Rating Filter, permits the subscriber to query the RRI system for upgrades and downgrades by his choice of magnitude, industry, time frame, quality range, company size and outstanding indebtedness.