Lefika Securities fixed income desk was set up over nine years ago. The desk is manned by two highly experienced traders with a combined market experience of over thirty years. With the years of experience accumulated comes the extensive network of relationships and knowledge which allows the team to provide good execution.
In addition the firm provides trading strategies on all government and corporate instruments. Some of the trading strategies are underpinned by technical analysis. The desk trades on agency only basis to avoid conflict of interest.
The total combined experience on the desk is over 40 years. To add to the diversity of the desk fifty percent of the team is comprised of females. The desk offers care orders, DMA orders, basket trades and all types of trading methodologies in the markets and that also includes Algorithmic trading.
The desk in addition offers diverse sources of liquidity on the Listed Property Shares where the desk has over 27 years of experience in that sector. The team offers market updates, trading insights and strategies backed by technical research from a top rated technical analyst.
Lefika’s political research is generated by two highly rated independent analysts Aubrey Matshiqi and Justice Malala. The team generates monthly research notes and ad hoc reports based on what is prevailing at the point in time.
Political conditions affect financial markets all the time and in big ways. Therefore to keep abreast with these conditions, the team hosts presentations to impart their findings on the research conducted.
Lefika Securities regularly arranges Management luncheons whereby the clients get to interact with thought leaders in the country and can be drawn from political sphere, financial markets, government and state owned enterprises. Now lately the firm organises Breakfast debates where the focus is primarily the value chain in the financial markets and its challenges. Various role players in the value chain are invited to enrich the quality of the debates.
The purpose here is to chart the correlations between the four major asset classes: stocks, bonds, commodities and currencies. This research approach or top down analysis is important in identifying rotational themes between the various asset classes, and the impact it will have on industry groups.
The purpose here is to identify changes to the longer-term primary trend, either up or down and alert fund managers to this and thus enabling them to assess their investment holdings given this information.
The use of relative strength analysis is to compare the performance of an individual stock to its industry group or industry group relative to the overall market. This makes it possible to determine whether an individual stock or industry group is either outperforming or underperforming relative to the overall market