Trading conditions for energy derivatives

The information about commission fees and the collateral (initial margin and maintenance margin) is available in AS IBS Renesource Capital.

Brokerage fees for transactions in over-the-counter commodities are determined individually with each customer.

Additional commission fee or mark-up may be applied for purchase/sale transactions processing.

Renesource Capital conducts trades execution in OTC markets according to the intermediary model, without taking risks of party of transaction (market maker’s risk) or risks of conflict of interests. All transactions are conducted through intermediaries with addition of extra fee/mark-up, information on which is available in Renesource Capital.

Brokerage fee is charged in the currency of the financial instruments account or in the portfolio currency. If the transaction is concluded in another currency, the commission fee is charged in the currency of the financial instruments account or in the portfolio currency, recalculated into the transaction currency according to the Renesource Capital current exchange rate at the moment of the currency conversion.

Brokerage fees are determined taking into account the customer’s profile, turnover and forms of cooperation (for example, usage of additional services, such as consulting, analytics, personal broker, etc.).

Risk Disclosure Statement. Margin transactions (Forex, contracts for difference CFD, futures and futures options, stock options, REPO transactions, transactions in over-the-counter derivatives and transactions using broker credit, including selling short) involve higher risk. The level of risk increases with the leverage ratio. As the result of margin transactions, relatively high profits are possible with low level of initial investments, as well as significant losses which may exceed the principal amount of investments or the amount of the collateral. Please ascertain whether margin transactions in their essence and content suit the risk profile that was assigned to you by AS IBS Renesource Capital and whether the content of margin transactions corresponds to your investment goals.