Dollar rout forces UK currency risk specialist to suspend shares

Q: How long will it take to read this news story?

The story "Dollar rout forces UK currency risk specialist to suspend shares" has 506 words across 18 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Dollar rout forces UK currency risk specialist to suspend shares" was covered 12 hours ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 12 news stories per day. It's most recent story was published 10 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #28150955</li><li>URL: https://citrocola.beamstart.com/news/dollar-rout-forces-uk-currency-17453293985037</li></ul>

Financial Times 12h ago

Dollar rout forces UK currency risk specialist to suspend shares - Financial Times

Quick Summary:

Its shares have risen 50 per cent this year as activity surged in the FX market, giving it a market value of just over £50mn.

The company said it had “taken a number of steps to preserve cash and increase the collateral received from its counterparties”, and was “considering a number of options for the business”.

Argentex provides currency hedging and exchange services to a diverse set of clients, from big companies such as the FTSE 100 insurer Aviva to individual sportspeople.