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.

Feb 3, 2026 - 00:00
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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.

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