09.12.2019

UK General Election

Dear Customers!

Please be informed that due to the vote of  House of Commons in regard to resolve UK’s Brexit deadlock on October 29, 2019 by calling a general election on December 12, 2019 increased volatility in financial markets is expected!

High volatility in currency pairs (particularly British pound – GBP) may result in significant price gaps, widened spreads and slippages. It is strongly advised that Clients maintain appropriate and sufficient amount of margin on their trading accounts at all times. Volatility can trigger Margin Call and following Stop Out (Stop Loss) orders on your trading account. We recommend that Clients use Stop orders to limit risks.

If you have any questions, please contact your Account Manager or email us at forex@renesource.com.

We appreciate your understanding,

Kindest regards,
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.

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