Paul Rossi (53), also known as Paolo Rossi, and his wife, Claire Michelle Rossi (49), were directors of Independent Derivative Traders Ltd. The company traded as Futex and provided access to a financial markets trading platform for sub-contracted independent traders.
The married couple were joined in the management of the company by Pauls brother Mark Rossi (51), also known as Marco Rossi, and Daniel Michael Goldberg (42).
Independent Derivative Traders was incorporated in March 1995 but 11 years later in February 2016, the company was insolvent due to difficult trading conditions and increased running costs, which meant it could not meet all of its liabilities.
The four directors received professional advice that all of Independent …
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