Press Release: James L. Singleton Named Cürex Group Chairman and Chief Executive Officer
LIGHTING RELEASES — NEW YORK, NY June 12, 2014 – The Cürex Group Board of Directors today announced that, effective immediately, James L. Singleton has been named Chairman and Chief Executive Officer of this New York, NY based institutional foreign exchange technology, execution, and index data company. Mr. Singleton succeeds William JP Dale.
Commenting on this announcement, Cürex Board member Brian Thebault said, “Jamie Singleton has been the driving force behind the development and accomplishments of Cürex Group. He is the ideal candidate to lead Cürex forward on its mission to bring fairness, transparency and innovation to the global foreign exchange markets through its proprietary technology. As the Company moves from its business development phase to its execution and growth stage, Jamie’s knowledge of the institutional financial markets and global business best practices will be invaluable. Cürex is fortunate to be able to benefit from his decades of experience as a business executive and an active and productive corporate board leader.”
Mr. Singleton, a former Managing Director of Lehman Brothers and 30-year financial services and private equity veteran, had been Cürex Group’s Vice Chairman with responsibilities for finance and strategy since its formation in 2009. Commenting on his appointment as CEO, Mr. Singleton said, “Cürex innovations are now more relevant than ever for all users of foreign exchange. Our mission is to work in partnership with institutions, corporations and investors, to enable them to benefit from a new environment of clarity for FX transactions and innovative product development. We are proud that some of the largest institutions in the FX marketplace are already using our products and services. These customers recognize and support our efforts to bring unique value in ECN execution, index-related applications through our FTSE Cürex benchmark series, through data sales, and through financial product design and support.”
About Cürex Group
The Cürex Group is a financial technology solutions provider whose business objective is to provide fairness and transparency to users of foreign exchange, whether they are institutions, corporations or investors. We primarily focus on four business opportunities: foreign exchange execution, foreign exchange indices, data sales, and financial product design and support. Our mission is to work in partnership with our clients to create more efficient foreign exchange investment structures and to lower transaction costs and add unparalleled clarity to all foreign exchange activity. Headquartered in New York, Cürex is independently owned and not affiliated with any other financial services company.
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