Jake is an experienced Capital Markets practitioner with over twenty years of direct market experience. Jake's market understanding, independence and objectivity allow him to offer pertinent expert witness services across a range of complex Capital Markets issues.

Jake has substantial business management experience covering:

• Direct trading and broking experience of the principal asset classes;
• Knowledge of trading conventions and current market best practice;
• Detailed knowledge of the business functions that support Capital Markets activity;
• An up-to-date understanding of risk management issues and practices; and
• An appreciation of regulatory obligations and responsibilities. 

Jake has significant 'front office' experience across the principal asset classes; namely, the equity, fixed income, commodity and foreign exchange markets. This knowledge covers cash, securities and derivatives products. Jake's experiences as a broker, proprietary trader and derivative fund manager have equipped him with the tools to analyse complex disputes from the perspective of different participants from across the Capital Markets.

This hands-on experience is further enhanced by knowledge of current market best practice and regulatory obligations. Allied to strong communication skills, this allows Jake to communicate complex and alien concepts in a clear and concise manner.

In addition to his trading background, Jake has a strong understanding of the business functions that support the Capital Markets. This expertise spans the business operations, IT (including data management), risk management, treasury and compliance functions. The effective management and control of these business functions is essential to the delivery of financial products and services.

The diversity of Jake's consultancy offering and recent management experience as a Managing Director at ICAP enable him to provide up-to-date perspectives on a range of business issues, including:

• Trading and best execution; market conventions, negligent trading/investment advice;
• Trade reconciliation and settlement, portfolio valuations;
• Credit and counterparty risk management, especially relating to Prime Brokerage and Central Counterparty exposures;
• Risk management methodologies including Value at Risk models;
• Operational risk management; and
• Compliance and regulatory issues relating to client documentation, broker trade obligations, reporting and monitoring.

Jake has broad regulatory experience, as Managing Director of ICAP Futures Jake had oversight responsibilities for FSA authorised activities and, as NFA Series 30 and 32, he was the branch manager for the UK branch of a US regulated futures broking division.

Jake's fund management firm, Palatinate Investment Management, was a Derivative Fund Manager (DFM) under the prior SFA regime.