Since 1995, our experienced fixed income trading team has been offering wholesale and retail liquidity to our diverse list of wealth managers, small institutions and retail intermediaries. Winterflood’s market-making and trading desk provides extensive coverage in the secondary market of sterling corporate bonds and UK Gilts. Together with our Debt Capital Markets team, Winterflood offers a one-stop shop including origination, distribution, settlement, market-making and post-issuance liability management.
Winterflood’s Fixed Income market-making desk is:
- A recognised retail gilt-edged market maker (GEMM) offering a service in UK gilts
- A registered market maker on the London Stock Exchange (LSE) Order book for Retail Bonds (ORB)
- A recognised LSE market maker in equity preference shares, Permanent Interest Bearing Shares (PIBs), fixed income ETFs and sterling bonds
Winterflood’s Debt Capital Markets team comprises of individuals who have extensive experience of the UK’s wholesale and retail-enabled listed bond markets. Members of our team have originated, structured and placed retail-enabled listed bonds for debut issuers and established corporate borrowers since the 2011.
The UK’s listing rules are likely to change during 2024 with the intention of making it easier for bond issuers to use low denominations that are more suitable for wealth managers and retail investors. Winterflood’s unique proposition has always been to provide liquidity, distribution and service to wealth managers and retail investors via their intermediary brokers. We are therefore naturally positioned to support issuers who want to benefit from extending the distribution of their bonds to a segment of the market that has been excluded both in the primary and secondary markets.
If you would like to know more about how the changes could be of benefit to your business then please reach out to Winterflood Debt Capital Markets. Read our White Paper here which explains the coming changes.