UK 14:55 Monday, 26 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Today’s announcement from stricken money broker Argentex (AGFX) showed the scale of its liquidity crisis caused by its poor risk management which meant that it was selling products which exposed it to significant liquidity risk in order to attract customers away from rivals presumably on the grounds of cheaper pricing or desire by customers to avoid liquidity cash calls. Someone should go to jail for this.
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