He trained initially as a financial manager with Coats Viyella Plc. the multinational textile company. He later moved to the City of London where, while also teaching at the University of Reading, he was a financial analyst with Kidder Peabody Securities Ltd. before becoming a founder shareholder of Ross and Partners Ltd - a privately owned Eurobond trading house which he helped set up. In 1981, he became finance director of Drexel Burnham Lambert Securities Ltd, its successor in title. In 1986, he became strategy advisor to the Chief Executive of Security Pacific Hoare Govett.

He has been a consultant to the chief executive of the London Stock Exchange (LSE) and was on the Market Advisory Panel of Tradepoint Investment Exchange (now Virt-X). He has been a consultant to the US Treasury and to a central bank as well as to a number of commercial/ investment banks. He has advised a major UK merchant bank on power trading and recently advised a major investment bank/ trading house in Dubai on growth strategy. He was a monetary policy advisor to a former UK Chancellor of the Exchequer, Lord Howe of Aberavon (Sir Geoffrey Howe). As well as speaking at many industry conferences, he has published " The New Euromarkets”, “The Eurodollar System” and” Investment Banking" as well as many papers on trading systems, clearing and settlement, offshoring financial services (published by the Corporation of London in March 2005) the Single European Securities Trading Market and European financial market regulation. He was the academic member of the Financial Services Authority (FSA) industry working group on Secondary Bond Market Transparency which examined issues relevant to the forthcoming EU, Markets in Financial Instruments, Directive (MiFID). He is a non-executive director of Madiston Plc which consolidates and develops companies providing software and related services to the securities and banking sector.

See also: 12:30 pm Lunch

See also: 02:45 pm ‘Credit Derivatives’