Will Winzor-Saile

Will joined Redburn in 2015. Prior to this he worked as an Electronic Execution Specialist at Fidessa. Will holds a first-class masters in Maths and Physics from the University of Warwick.
Trading the MacroBy Will Winzor-Saile

What lies ahead in 2025? EU

Lots of questions on what’s to come in 2025 and we aim to answer them with the first in our series of calls this year aimed at Execution dealing desks. Please join us as our Economics, Equity Strategist, Quant and Technicals teams join forces to explore the biggest themes of the year ahead.

Topics for discussion will include;

Our macro ‘Top 10 things To Watch’ list, US vs EU. Will the US remain the dominant force?

Where will yields go and what does it mean for last year’s leaders.
The growth vs value debate

Key market levels to keep an eye on

And more…

Trading the MacroBy Will Winzor-Saile

Ch-ch-ch-changes…

Join us for the next in our series of calls aimed at Execution dealing desks as our Technical Analysis team join forces with our Economics team to explore the biggest themes for the rest of this year and beyond. The US election promises change whatever the outcome and we will explore the policies of both candidates and what the implications might be for equity markets.

Execution AnalyticsBy Will Winzor-Saile

About Time

Stand-up comedy and trading have a surprising amount in common. Both rely on strong communication but can have unpredictable results depending on your audience. Most important though is the secret of comedy… timing.
Timing is arguably the most important part of any trading decision; it can often take days between a PM making a trading decision and it being implemented in the market. In fast moving markets a delay of even an hour or so can wipe out any improvements made through trading.
On the sell-side timing is equally important, even if a broker doesn’t have a say over when an order is placed, they often control how quickly it is executed and whether to front- or rear-weight the trading.
In this paper we look at how we can break down common performance metrics to show the benefits (or cost) of timing. This can help clients understand whether it is the algo itself that’s performing well or simply their choice of strategy.

Execution Analytics (Français)By Will Winzor-Saile

Nous introduisons… La liquidité variable en continu

Combien de vitesses a votre voiture ? 5, peut-être 6 ? Pour une conduite décontractée, c’est amplement suffisant ; toutefois, si la conduite devient plus complexe, le besoin de plus de contrôle se fait sentir. Les pilotes de F1 en ont en fait 8 , et à l’époque où je fréquentais une ferme, 24 étaient la norme pour un tracteur. De nos jours, de nombreux véhicules s’en sortent avec des vitesses traditionnelles. La transmission à variation continue permet un contrôle des rapports de vitesse à l’infini.

Maintenant, de combien de stratégies de recherche de liquidités disposez-vous ? Cinq, voire six ? Vous voyez où cela nous mène…

Dans ce document, nous vous présentons une nouvelle approche de la définition des stratégies de liquidité et nous vous démontrons comment une approche réfléchie de l’accès aux venues peut offrir une bien meilleure expérience au trader.

Execution AnalyticsBy Will Winzor-Saile

Introducing… Continuously Variable Liquidity

How many gears does your car have? 5, maybe 6? For casual driving that’s plenty, but as the complexity of driving goes up so does your need for control. F1 drivers currently have 8, and back in my farming days 24 was pretty standard on a tractor. Nowadays many vehicles are now doing away with traditional gears all together. Continuously Variable Transmission gives you infinite control over the gear ratio.

Now, how many liquidity seeking strategies do you have access to? 5, maybe 6? You see where this is going…

In this paper we introduce a new approach to defining a liquidity strategy and show how a thoughtful approach to venue access can provide a vastly better experience to the trader.