03.11.2020

National holidays in Russian Federation

Dear Clients,

Due to National Unity Day holidays in Russian Federation on November 4th 2020, trading on MOEX group exchanges will be closed.

Payments (incl. funding, withdrawal, internal fund distribution) in Russian Rubles (RUB) received by Renesource Capital on 3th of November, 2020 after cut – off time (10:00AM GMT Time) will be processed and executed on the next business day 5th November, 2020. Currency exchange with physical delivery instructions received on 3rd November, 2020 after cut – off time will be executed on SPOT/TOM basis.

We kindly ask you to plan ahead your expected financial instrument transactions, cash flows and payments, in particular in regards to margin requirements.

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

 

Best Regards,
Renesource Capital brokerage 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.

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