Argentex Suspends Shares After Tariff Chaos Triggers Margin Call
Argentex Group Plc suspended trading in its shares after the currency management firm faced a 'rapid and significant' cash squeeze in the wake of Donald Trump's tariff announcements.
The London-listed company said in a statement Tuesday it's taking steps to preserve cash and increase collateral from counterparties after it was hit by margin calls linked to its foreign exchange derivatives book this month.
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