LMAX Group Onboards Cürex Executives Following Business Acquisition

<p>LMAX Group is gearing up for an expansion in Eastern
Europe and the Nordics through strategic appointments. The group has appointed
Andre Severi as the Managing Director and Head of EMEA Sales. </p><p>Severi started his career in 1992 at Crédit Agricole, where he served as a Senior
FX Trader VP in Paris and New York, according to his LinkedIn profile. His journey continued with a 13-year stint at State Street, where he contributed to the company's
FX sales strategies and client relations across Europe and the
Middle East.</p><p>In 2014, Severi joined RBC Capital Markets. He held key positions such as Managing Director, Head of Europe Institutional FX Sales, and Central Banks. Additionally, he served as the Managing Director Head of Institutional and Hedge Fund
FX Sales in North America, based in Toronto, Canada. </p><p>Before joining <a href="https://www.financemagnates.com/tag/lmax/" target="_blank" rel="follow">LMAX</a>, Severi held the position
of Managing Director at Cürex Group Holdings, LLC, contributing to the
company's growth from September 2017 to November 2023.</p><p>LMAX Boosts Forex Operations</p><p>Severi assumed his new role at LMAX Group
amidst the company's <a href="https://www.financemagnates.com/institutional-forex/lmax-group-acquires-crex-to-enhance-institutional-fx-services/">acquisition of Cürex's foreign FX operations</a>. Cürex is a New York-based entity specializing in institutional
forex execution and data analytics. This collaboration aims to provide diversified institutional FX services encompassing <a href="https://www.financemagnates.com/terms/e/execution/">execution</a> venues, market
data, and trade analytics.</p><p>Founded in 2009, Cürex's affiliation with banks is anticipated to complement LMAX Group's existing client
base in the FX division, fostering a robust and comprehensive service for
global banks. </p><p>FX Expansion and US Market Push </p><p>LMAX Group's <a href="https://www.financemagnates.com/institutional-forex/lmax-group-acquires-crex-to-enhance-institutional-fx-services/" target="_blank" rel="follow">announcement of the agreement</a> to acquire
the FX business of Cürex unfolded as a strategic step to strengthen its
position in institutional FX execution services and data
<a href="https://www.financemagnates.com/terms/a/analytics/">analytics</a>. The company aims to bolster LMAX's institutional FX offerings and
accelerate its growth in the US.</p><p>James Singleton, the Former CEO of Cürex,
expressed confidence in the combined organizations achieving great success
under the leadership of LMAX Group. The group's existing institutional client base comprises the
top 40 global banks and non-bank institutions.</p>

This article was written by Jared Kirui at www.financemagnates.com.