28.04.2020

May Holidays

Dear customers!

Please pay attention towards the following working schedule during the upcoming holidays:

1st of May – Labor day in Europe, Russia and Latvia.

Moscow Exchange (MOEX) and European markets (Eurex, Xetra, LJSE, BSSE, ISE, LuxSE, OMXB, OMXN, GPW) will be closed.

Due to Latvian Constitutional Assembly Convocation and Labor day celebration on May 1st, 2020 payments and fund (funding, funds withdrawal and fund distribution between client's accounts) will not be processed.

US and Canada Stock exchanges as well as FOREX trading hours will be normal during the holidays.

Payment (incl. funding, withdrawal, internal fund distribution) received by Renesource Capital on 30th April, 2020 after cut – off time (10:00AM GMT Time) and 1st May, 2020 will be processed and executed on the next business day (4th May 2020). Currency exchange with physical delivery instructions received on 30th April, 2020 after cut – off time and 1st May will be executed on SPOT/TOM basis.

We kindly ask you to plan ahead your expected cash flows and payments.

Renesource Capital brokerage team will operate normal business hours. For more information on Renesource Capital trading hours please go to contacts.

Best Regards,
Renesource Capital Brokerage Division 

 

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.

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