FX Broker Argentex Succumbs to Trump-Induced Trading Volatility

Argentex Group Plc barely survived the tariff chaos that upended global markets in April, only to collapse under pressure from UK regulators.

The London-based currency brokerage fell into a form of insolvency last week, having struggled to meet liquidity conditions imposed by the Financial Conduct Authority. On Monday, rival company IFX (UK) Ltd. said it was looking to abandon a rescue bid which, along with bridge loans, had helped keep the firm alive for the past two months.