Collapsed FX Broker’s Derivatives Counterparties Hit by 98% Loss

Collapsed FX Broker’s Derivatives Counterparties Hit by 98% Loss



Collapsed FX Broker’s Derivatives Counterparties Hit by 98% Loss
Officials winding down Argentex Group Plc have walked away from a volatile portfolio of currency derivatives that helped cause the UK brokerage’s collapse, with customers facing a near-total wipeout on most of their profitable trades.


www.bloomberg.com
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