31.08.2017

US & Canada Holidays, Labor Day

Dear Client,

Due to Labor Day – public holiday in United States on September 4th, 2017, payments and transfers in US dollars and Canadian dollars (incl. funding, withdrawal, internal fund distribution) will not be processed.

Payment orders (incl. funding, withdrawal, internal fund distribution) in US dollars and Canadian dollars received by Renesource Capital on September 1st, 2017 after cut – off time and September 4th, 2017 will be processed and executed on the next business day September 5th, 2017.

Currency exchange with physical delivery instructions received on 1st September, 2017 after cut – off time and 4th September 2017 will be executed on SPOT/TOM basis, accordingly ( on 5th September, 2017).

We kindly ask You to plan ahead your expected financial transactions and payments incl. ensuring appropriate financial collateral/ margin requirements on Your trading account.

Trading Schedule

On September 4th, 2017 - US stock exchanges (NYSE, NASDAQ) will be closed.

CME Globex trading (e-trading session) will take place in accordance with the following schedule.

ICE Futures U.S. trading session  will take place according to the following schedule.

Attention!

Attention: We kindly remind You that trading during non-standard – outside of standard trading hours (incl. public holidays on G8 markets) may, differ significantly from the standard, normal, everyday trading, due to lack of market liquidity as well as limited number of available liquidity providers. Trading spread can widen and market may gap, if there will be significant news announcements or press–releases during the public holidays. Widening of trading spread thereby may activate Margin Call and/or Stop Out (Stop Loss) on your trading account! It is highly recommended to maintain the use of Leverage at normal levels. The client shall be solely responsible for maintaining and controlling of sufficient margin in relation to the existing positions.

If you have any further questions, please do not hesitate to contact Your Account Manager or Capital Markets team.

 

Best Regards,

Renesource Capital

Capital Markets Team 

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.