LMAX Group to acquire Cürex.

LMAX Group, an independent operator of institutional execution venues for FX and digital assets trading, agreed to acquire Cürex, an institutional foreign exchange execution services and data analytics company. Financial terms were not disclosed. “Cürex and LMAX Group share a common ethos of delivering transparent price discovery and efficient market structure through firm liquidity and no ‘Last Look’ execution. We are constantly exploring ways to expand our product offering and diversify distribution for the institutional segment. We believe that through this acquisition, our combined client base will benefit from a more diversified array of FX solutions as we continue to invest in our technology, people and product development," David Mercer, LMAX Group CEO.