Winterflood Securities, The Atrium Building, Cannon Bridge House, 25 Dowgate Hill, London EC4R 2GA

Tel: +(44) 203 100 0000     Email: enquiries@winterflood.com

UK Equities

Making markets in more UK Equities than any other firm*


Winterflood’s success has been founded on our UK equity market making ability, accounting for more than 80 per cent of our trades. We now make a market in nearly all UK equities from FTSE 100 stocks including ETPs to AIM and ICAP Securities & Derivatives Exchange.

* Source: London Stock Exchange

FTSE - London Stock Exchange

 

FTSE 100 T +44 (0)20 3100 0600   STX 70422 ftse100@winterflood.com
Winterflood have a team of highly experienced FTSE traders who have built their careers specialising in trading the leading UK quoted companies. The stocks are therefore split into sectors to reflect this inbuilt experience: Financials & Insurance; Media, Pharmaceuticals & Telecommunications; Miners & Oils/Services & Utilities; Retail & Consumers.
FTSE 250 T +44 (0)20 3100 0600   STX 75414/ 75415 /75416 ftse250@winterflood.com
Managed on a similar basis, with a team of traders working in pairs each with a book of approximately 50 stocks allowing them to become experts in the FTSE stocks which they trade. This is split into Miners, Oils & Industrials; Property & Builders; Retailers & Travel; Support Services & Technology.
Small Cap & Fledgling T +44 (0)20 3100 0801   STX 75414 /75415 /75416 smallcap@winterflood.com
Winterflood divide this section alphabetically, with traders managing over 100 stocks to each book. Winterflood Securities was originally a small cap specialist and this is consequently one of our strongest sectors.
AIM T +44 (0)20 3100 0801   STX 75414 /75415 /75416 aim@winterflood.com
The AIM market is the London Stock Exchange’s international market for small and growing companies. A wide range of businesses, from early stage start ups to the more established companies join AIM UK seeking access to growth capital.
Since its launch in 1995 AIM UK has become the most successful growth market in the world - with over 3,000 companies choosing to join the AIM market. The AIM market helps smaller companies raise the capital they need to continue to expand. As a leading market make in UK equities, Winterflood Securities has been fully committed to the AIM market since it was launched and we continue to offer comprehensive AIM UK coverage.
The books are divided alphabetically with between 150-200 stocks per book, monitored by two individual traders.
ICAP Securities & Derivatives Exchange T +44 (0)20 3100 0801   STX 75414 /75415 /75416 isdx@winterflood.com

ICAP Securities & Derivatives Exchange (ISDX) is a London-based stock exchange providing UK and international companies with access to European capital through a and range of fully listed and growth markets.

Exchange Traded Products

To maintain our strategy of providing innovative products to our client base we now trade in a range of exchange traded funds (ETFs) and exchange traded commodities (ETCs) quoted on the London Stock Exchange. We also cover many of the EU and US lines. We offer trading in all of these products in Sterling, Euros or US Dollars, regardless of their underlying currency.

We were an early adopter of this new segment of the market and have established a leading market position in the last few years, ranked number one in terms of numbers of trades transacted on the London Stock Exchange between brokers and market makers since 2008.*

As at the end of June 2011, there were 3,987 exchange traded products listed globally with US$1.626bn in assets; a growth of 29% in numbers of products, and 40% in asset terms over the previous 12 months.**

What is a ETF?

An Exchange Traded Fund (ETF) is an investment fund which trades on a stock exchange. Most ETFs track an index either via a portfolio that mirrors the index’s structure, or via synthetic swaps. ETFs are available which track the main indices in equities, commodities and fixed income securities, as well as sector-specific ETFs.

What is an ETC?

An Exchange Traded Commodity (ETC) is a debt security that tracks the price of an underlying commodity or commodity index. ETCs have become a valuable portfolio addition for managers requiring a more sophisticated investment strategy.

The bulk of ETCs are synthetic as it is clearly quite difficult to take delivery of and store a commodity – for example a consignment of gold bars in London. So as with ETFs a derivative is used to create the exposure to the underlying commodity. This is generally considered to be of no greater risk but because of the nature of these products the future or derivative must be rolled to the next future on expiry which introduces an additional cost so over time, this charge will affect the performance of the ETC over the underlying commodity.

Leveraged and Inverse ETPs

Within the synthetic category there are also a large number of leveraged ETP products; the basic concept of these products is to generate a multiple of the underlying index or commodity’s performance over a specific time period – usually one day. These leveraged products hence present a very different risk profile to non leveraged ETPs, as both potential returns and losses are enhanced.

Inverse ETPs, as the name suggests, try to mimic the opposite movement of their underlying index or commodity, again over a specific time period. These products can also be leveraged, using a negative multiple factor.

Leveraged and inverse ETPs are complex financial instruments with significant risks and we suggest that extra care be applied by money managers when considering them as part of a trading or hedging strategy.

T +44 (0)20 3100 0755      STX 76755      etp@winterflood.com

* Source: London Stock Exchange

**Source: Blackrock – ETF Landscape, Industry Highlights, End H1 2011

ETP Providers  

  


Winterflood Securities makes markets in nearly 600 UK investment trusts securities and additionally complements this service with sales, research and corporate broking. We add to our market making list regularly in order to provide the most comprehensive service available.

The Winterflood Investment Trust team seek to provide unrivalled execution for all our clients. Benefitting from a strong capital base, our traditional institutional clients are enhanced by Winterflood Securities' unrivalled contact with major private client brokers. At the heart of our strength in this area is Winner, our proprietary electronic trading platform that gives clients access to our internal liquidity, as it is ideally suited to small orders including investment trust savings schemes.

T +44 (0)20 3100 0700      STX 75410 / 75413      trusts@winterflood.com

ICAP Securities & Derivatives Exchange (ISDX) is a London-based stock exchange providing UK and international companies with access to European capital through a range of fully listed and growth markets.

ICAP Securities & Derivatives Exchange limited is a Recognised Investment Exchange under the Financial Services and Markets Act 2000 and a member of the ICAP Plc group.  ISDX operates the following market segments:
- ISDX Main Board
- ISDX Growth Market
- ICAP Secondary Market.

T +44 (0)20 3100 0801 STX 75414 / 75415 / 75417 isdx@winterflood.com

Winterflood Securities, The Atrium Building, Cannon Bridge House, 25 Dowgate Hill, London EC4R 2GAT 020 3100 0000 enquiries@winterflood.com