23.03.2020

Information update on SWAP (rollover, TomNext) rates

Dear Clients!

Please be advised that starting from March 23rd 2020 Renesource Capital AS IBS has changed and updated rollover (SWAP, TomNext) rates for currency pairs (Forex) and precious metals (Bullion).

Please note that swap rates are available on our corporate website section, Forex – Trading conditions. Rates are displayed ahead of their actual calculation and readjustment by the Firm’s counterparty and rates displayed contains indicative nature only...

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Sincerely, AS IBS „Renesource Capital”

17.03.2020

Spread of Covid-19 infection

Dear Clients!

Regarding the risks of the spread of the new coronavirus Covid-19 infection worldwide and its potential impact, Renesource Capital AS of IBS would like to affirm and inform that the provision of investment services and ancillary investment services will not be impeded.

Renesource Capital AS IBS has developed a comprehensive Business Continuity Plan, which is regularly updated and revised to reflect the latest trends and high regulatory requirements.

The aforementioned does not preclude an action plan for the Company's employees to perform their direct duties remotely in accordance with the Company's Business Continuity Plan, in the event of a global or large-scale epidemic or pandemic.

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Sincerely, AS IBS „Renesource Capital”

10.03.2020

Information update on SWAP (rollover, TomNext) rates

Dear Clients!

Please be advised that starting from March 10th 2020 Renesource Capital AS IBS has changed and updated rollover (SWAP, TomNext) rates for currency pairs (Forex) and precious metals (Bullion).

Please note that swap rates are available on our corporate website section, Forex – Trading conditions. Rates are displayed ahead of their actual calculation and readjustment by the Firm’s counterparty and rates displayed contains indicative nature only...

Read more ...


Sincerely, AS IBS „Renesource Capital”

06.03.2020

Upcoming Daylight Saving Time Clock Changes!

Dear clients!

US time clock changes will take place on Sunday, 8th of March, 2020). On Sunday, 8 March 2020, 02:00:00 clocks are turned forward 1 hour to Sunday, 8 March 2020, 03:00:00 local daylight time instead.

Renesource Capital brokerage desk will be working up to US Stock markets close 22:15 Riga time (20:15 GMT) until 29th  of March 2020, when EU also switches to Summer time.

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Sincerely, AS IBS „Renesource Capital”

16.01.2020

Martin Luther King, Jr. day

Dear customers!

Due to Martin Luther King Day celebrations on 20th of January 2020, cash payments and transfers in USD (funding, withdrawal and transfers between the client's financial instruments accounts) will not be processed.

Payment orders (incl. funding, withdrawal, internal fund distribution) in US dollars received by Renesource Capital on 17th of January 2020 after cut-off time (10:00 AM GMT Time) and 20th of January 2020, will be processed and executed on the next business day – 21st of January 2020. Currency exchange with physical delivery instructions received on 17th of January 2020 after cut-off time and 20th of January 2020 will be executed on SPOT/TOM basis...

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Sincerely, AS IBS „Renesource Capital”

23.12.2019

Renesource Capital Working hours during holidays

Dear clients!

We would like to inform you that due to New Year Holidays, Renesource Capital brokerage division will work according to the following schedule:

31.12.2019 – European and Russian stock exchanges will be closed and brokerage department will operate shortened hours from 07:00 to 15:00 GMT (From 09:00 to 17:00 Riga).

01.01.2019 – US, Canadian, European and Russian stock exchanges will be closed and brokerage department will not operate...

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Sincerely, AS IBS „Renesource Capital”

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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