microspéculation
Microspéculation is a term found in some francophone finance writing to describe speculative activity conducted at a small scale or aimed at exploiting small, short-term price movements. Because the term is not uniformly defined, its exact scope varies by author, but it generally denotes frequent, low‑notional trading rather than large, long-term bets. The concept sits at the intersection of market microstructure and behavioral finance.
In financial markets, microspéculation may refer to trading with small notional positions in micro-cap stocks or
Critics argue that microspéculation amplifies noise trading, elevates transaction costs, and increases the risk of short-term