Jerry Lees
Chairman Linear Investments Ltd & Linear Investment Partners Ltd
Director Proptrust Limited
Successfully running and managing businesses - focus on Financial markets.
Chairman Linear Investments - a growing financial services business
Director Proptrust limited - Residential and commercial Property since 2000 - mutiple residential and commercial properties London and Spain.
Linear is a Mini Prime broker and executing broker with global access to multi asset classes, providing Prime brokerage (Stock loan, leverage, SWAPS etc.), FCA umbrella services and compliance DMA and Desk execution and trading facilities on site for broker clients and Hedge funds.
Linear Investments provides FCA Incubation for brokers and hedge funds, operational and admin support, technology and Capital Introduction and trading desk rental - a full hedge fund hotel.
Jerry started with the Credit Agricole Group (Credit Agricole Corporate bank, formerly Calyon) in Asia with WI Carr securities. He built the Asian Electronic trading business/Execution business up for WI Carr from scratch to become the major fee earning part of WI Carr. When WI Carr was merged into Cheuvreux the agency business was closed down leaving only the Execution, program and DMA business as the profitable core of the business. This was sold to BNP to avoid conflicts with the other Asian brokerage in the group.
Following the Cheuvreux merger - Jerry was asked to come over to Europe and build a global Execution business for Cheuvreux. The venture was very successful and propelled Cheuvreux trading volumes moving Cheuvreux from 10th in europe to 7th (which has reverted to 10th since his departure). Jerry headed the Electronic trading business which incorporated an execution only desk, Algos (desigend and in-house in this period), program Trading and SWAPS/Synthetic broking. He was on the main 9 man Executive with a partnership status. He was instrumental in all aspects of the design and build of the business, market access, connectivity, Algos, Smart order routing, building an internal MTF/Crossing engine. Cheuvreux became a major player in the Execution and DMA business under jerry's leadership.Jerry was part of a small team building this business from scratch. Licensing software applications for the management of electronic order routing. Jerry set up sales distribution throughout Europe, the USA, the Far East. In Asia Jerry established a JV with Mitsui Busan and worked in Singapore and Tokyo with Mitsui. An extensive channel of agents and distributors was established (combined with direct sales), due to the need to leverage the business rapidly with relatively low funding for distribution. The business was sold to Reuters for £50m in 1999.
Jerry began at Quotron as head of UK sales, following considerable success in the UK was promoted to joint head internationally. Quotron provided information systems to banks, brokers and other financial services organisations. Responsibilities: Global Sales, Marketing and Operations (including network and systems), 450 staff. On the sale of Quotron to ADP, Jerry left to create the Liberty project.
of this financial systems software house. Involved in all aspects of the business from systems design through sales to strategic planning and negotiating venture capital with bankers. Five hundred staff in the UK, Ireland, Singapore and the Peoples Republic of China (an early outsourcing venture). The business was sold to McDonnell Douglas Information Systems MDIS and Hoskyns (CAP Gemini Sogetti)in 1988.
for the City operation. Management of technical and sales team for financial systems software, major projects computer installation and support contracts.
Interests
Travelling, the arts, sailing, skiing and building businesses.
