"Standard and Poors" is a credit rating
agency; Standard & Poor's issues
credit ratings for the debt of companies. As such, it has designated a Nationally
Recognized Statistical Rating
Organization by the U.S. Securities
and Exchange Commission.
both short-term and long-term credit ratings.
It also publishes financial
research and analysis on stocks and bonds. It is one of the top three players
in this business, along with Moody's and Fitch Ratings.
It is also well known for its US-based
S&P 500 and the Australian S&P 200 stock market index.
" I really took a bath on those
S&P (SPX) 1050 calls (options reserving the right to buy particular derivatives based on the Standard & Poors
500 index, as you are speculating that the options are good
to buy this is a positive position), after
the Nikkei closed 300 points down"