UK's Argentex appoints administrators amid funding shortfall
18/07/2025 16:43
July 18 (Reuters) - British currency risk manager Argentex Group AGFX.L said on Friday that it resolved to appoint administrators to the company, a day after its main trading unit halted operations as it was unable to secure funding. Argentex, one of the first known casualties of the market turbulence brought on by trade tensions, experienced a near total collapse in value after it suspended trading in April. (Reporting by Shanima A in Bengaluru; Editing by Shailesh Kuber) ((shanima.a@thomsonreuters.com; (Direct: +91 72 5956 7774);))