---
title: Trading Responses to Credit Rating Announcements
url: https://www.ml-quant.com/papers/repec/bla-jbfnac-v-51-y-2024-i-1-2-p-84-112/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:bla:jbfnac:v:51:y:2024:i:1-2:p:84-112
source_url: https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fdoi.org%2F10.1111%2Fjbfa.12686%3Bh%3Drepec%3Abla%3Ajbfnac%3Av%3A51%3Ay%3A2024%3Ai%3A1-2%3Ap%3A84-112
featured: 2024-02-14
citations: unknown
topic: Trading, Microstructure & Execution
---


# Trading Responses to Credit Rating Announcements

Investors respond differently to changes in credit ratings, selling during downgrades by investor-paid agencies and buying during upgrades by issuer-paid agencies.

- Source: https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fdoi.org%2F10.1111%2Fjbfa.12686%3Bh%3Drepec%3Abla%3Ajbfnac%3Av%3A51%3Ay%3A2024%3Ai%3A1-2%3Ap%3A84-112
- Identifier: RePEc:bla:jbfnac:v:51:y:2024:i:1-2:p:84-112
- Released: 2024-02-14
- First featured: Quant Letter No. 37 (2024-02-14): https://www.ml-quant.com/issues/2024-02-14/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Trading, Microstructure & Execution

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