MAKING CAPITAL MARKETS WORK

Bourse Consult LLP is a European firm of consultants who specialise in capital markets.

Founded in London in 2002, we give innovative, practical advice on creating and developing financial markets, from strategy to implementation.
Our clients around the world include Central Banks, Exchanges, Clearing Houses, Depositories, Governments, Regulators and Development Banks. 
Bourse Consult is unique among consultancies because we are all senior capital market professionals with CEO or other senior executive experience in capital market institutions. 

Our clients


What we do


Our advice ranges from strategic counsel to practical implementation. We often work with local consultants and/or other experts in order to best meet the needs of the client. They appreciate receiving advice that they can effectively implement and that makes a difference for their market.

We advise countries on developing their capital markets and strengthening their financial centres.

We provide an overall perspective, linking national economic objectives to the design of market infrastructure and the legal and regulatory environment.

We assist on the design and operation of financial market infrastructure, from defining strategy and structure, to preparing technical specifications through to supporting the procurement and implementation process.

We also deliver customised training for market regulators, institutions and participants.

We prepare research papers on current topics of market structure, either for confidential use or for publication.

We advise regulators and boards on the strategic direction they should take to develop their markets.

Our Partners


The Bourse Consult Partners are experts in their fields, all having many years’ experience at the highest levels of the financial services industry.

Hugh Simpson

Hugh provides strategic and technical advice on all aspects of capital markets development, drawing on 40 years of hands-on experience at central banks, CSDs and CCPs.

Raymond Sabbah

Raymond is an expert on capital markets, in particular government securities markets, trading, post trade, CCP and financial market infrastructure.

John Falk

John is an experienced securities post-trade consultant. He has extensive market knowledge of the opportunities and issues facing the securities markets and their market infrastructures.

György Dudás

With his two decades of hands-on experience, György is an expert in financial market infrastructures, with specific focus in post-trading entities, CSDs and CCPs.

Bourse Consult Advisory Committee


The Advisory Committee provides strategic guidance to the Partnership on developments in capital, derivatives and other financial markets and on potential directions for future activities. In order to avoid possible conflicts of interest, it does not discuss individual clients or projects undertaken by the Partnership. It is chaired by Lynton Jones, Chairman Emeritus, and is composed of former Partners.

Lynton Jones

Founder of Bourse Consult and expert on exchange strategy and management, having been Chairman/Chief Executive of several Exchanges

Roland Tibell

Expert on electronic trading, exchange systems, information technology, IT service management, organisational and operational efficiency.

Peter Cox

Managed the development and operation of cash and derivatives markets trading in equities, commodities and energy, covering the full spectrum of central services to organised markets – trading, regulation, clearing and settlement.