Institutional FX execution services and data analytics company Cürex Group announced today two senior hirings to its management ranks.
Ron Papka (pictured above) has been named a Managing Director focusing on the development of data analytics and trading tools.
Justin Brill has also joined Cürex as a Managing Director, focusing on business development.
Cürex Group also recently added UBS FX veteran Andrew Corcoran as Managing Director, Business Development.
Ron Papka has spent over 25 years creating analytical tools across capital markets asset classes. Most recently, as Director, Global Markets Technology for Citigroup, he was Global Head of Citi Velocity Analytics and Data Services. He has previously worked for various firms, including Barclays Capital, Lehman Brothers, and BlackRock, where he built risk solutions and trading systems software for those companies and their clients. Ron received his Ph.D. in computer science from the University of Massachusetts and his Masters in computer science from Brown University.
Justin Brill has spent the last 12 years at Morgan Stanley where he most recently was Executive Director for Listed Derivatives & OTC Clearing. Prior to that promotion, Brill was the Global Head of FX and Metals Prime Brokerage. He holds a Bachelor of Science degree from Boston College.
Commenting on the new additions, Jamie Singleton, Cürex Group Chairman and Chief Executive Officer said:
Ron’s experience in building impactful data analytics and working with customers to help build market relevant products goes hand-in-hand with Cürex’s commitment to help our buy side customers achieve best execution outcomes for their FX trading activities. We expect Ron to lead our effort to build the next generation of pre- and post-trade tools that directly address our customers’ needs.
Justin’s decision to join Cürex speaks volumes about the relevance of our FX ECN platform and data analytics capabilities, as well as their unique benefits to every buy side customer. Justin is the latest, important addition to our business development efforts. As he introduces his relationships to our platform, the Cürex message and value to the FX market will be extended and expanded. Our organization is thrilled to have Justin on board as a valued team member and FX market specialist.
Mr. Brill added, “I am very excited to join the Cürex team. The FX marketplace continues to change and respond to regulatory and economic influences. Cürex has built an impressive and accessible set of tools that benefit every buy side user of FX. I chose to join Cürex at this time to help them convey their message and real benefits to a broader slice of the FX user universe. Over the last six years, I have watched Cürex develop into a relevant, value-added execution platform for the buy side. My objective is to assist them accelerate their market penetration and further grow their expanding customer base.”
Mr. Papka added, “I am thrilled to join the Cürex team. Cürex has built a solid foundation of data analysis using their unique access to executable market prices. The buy side needs more and better tools to manage risk and help them achieve better trading outcomes. Increased regulatory demands will only make the analytics we build that much more important to the buy side. I look forward to using my experience to help Cürex’s clients make better trading decisions through the use of intelligent and efficient analytics.”
Cürex Group Holdings, LLC is a foreign exchange focused execution services and data analytics provider. Cürex operates an FX ECN with robust no last look liquidity and complete transparency. Cürex is headquartered in New York City and is independently owned and operated.