Argetex announced today that its main subsidiary, Argetex LLP, has agreed a voluntary requirement (VREQ) with the Financial Behavior Authority (FCA), which introduces some restrictions on the new commercial activity.
These measures are part of FCA’s ongoing supervisory commitment to Argetex LLP after recent pressure on market volatility and liquidity. Vreq allows ARGENTEX LLP to continue to serve customers under defined parameters, while limiting the new commercial activity to specific products within agreed trading limits approved by the regulator.
At the same time, the FCA has confirmed a new level of individual liquidity guidance (ILG) of £ 23.62 million, valid as of July 16, 2025. The team takes precautionary measures to cover this claim.
Argenndex said:
“The group continues to operate with full customer money protection in accordance with applicable regulations and remains committed to maintaining a strong and transparent FCA relationship.
The Board of Directors and the Supreme Administration’s team remain focused on stabilizing the financial position of the business, safeguarding customers’ interests and supporting the return to normalized trading conditions in due time. “