Benjamin Waters
Trader
Ben Waters, trader, holds a BSc in accounting and finance from the London School of Economics and Political Science, which was awarded in 2018. He is highly astute and skilled in risk-taking and managing delta one derivatives and cash products; he also has a sharp eye for alpha opportunities and an appetite for taking on reasonable risks in a bid to achieve outsized returns.
Equity Trading
As an experienced equity trader, Mr Waters bids for stocks by offering a specific price, while sellers also request a certain price. If these two prices match, a sale takes place, with many investors regularly bidding on the same stocks. The first investor to have placed a bid, in such cases, gets the stock. When a seller accepts any price for the stock they are selling at market value, while when a buyer pays any price for a stock it means they are buying at market value.
Career History
Since March 2019, Mr Waters has been an equity delta one trader in Global Indices/MSCI, where he trades in Emerging Markets and Developed Markets with a focus on the former.
From June to August 2017, Benjamin Waters, trader, held the position of summer analyst for Citi in London. Here, he worked on the Trading Execution Desk, dealing in markets and securities services. Prior to this, he was an investment analyst for the University of Auckland Investment Club Inc (New Zealand), where he managed a real-money fund of £70,000. The club’s committee deployed an intensive and thorough investment selection process that required both fundamental analysis and valuation using the DCF model. Mr Waters was so successful in his endeavours that he was awarded the Outstanding Performance by a UAIC Committee Member 2014–2015 accolade.
Hobbies & Professional Interests
Since 2012 Mr Waters has managed a portfolio of real money, investing in a range of options and stocks, with the trading profits used to fund his university tuition and associated living costs. He uses options strategies including debit spreads, outright calls, horizontal spreads and credit spreads, and he uses equities strategies incorporating fundamental analysis, DCF and multiples valuation.
In his free time, Mr Waters loves to travel and enjoys a range of sports, particularly basketball, tennis and sailing.
