Kenneth R. Kapner spent 14 years with the HSBC (Hong Kong and Shanghai Banking Corporation) Group in their Treasury and Capital markets area where he traded a variety of instruments including interest rate derivatives, spot and forward foreign exchange, money markets, managed the balance sheet, sat on the Asset Liability Committee and was responsible for the overall Treasury activities of the bank. He spent two years in Hong Kong where he was in charge of Global Treasury and Capital Markets Product training. Specifically, his responsibilities included developing new courses and delivering courses to traders, support staff and relationship managers. In New York, he established a training department for the firms' Securities Division where he was in charge of the MBA Associates Program, continuing education and Section 20 license.

He currently runs his own training and consulting firm called Global Financial Markets Institute (GFMI). A sample of clients include The Federal Reserve, Fidelity's Treasury and Capital Markets unit, DG Bank, Lehman Brothers, Commerzbank, and the National Credit Union Association. He has co-authored/co-edited seven books on derivatives, including The Swaps Handbook and Understanding Swaps.