US Memorial Day and UK spring Bank holiday
Due to Memorial Day – public holiday in US and spring Bank holiday in UK on 30th May 2016, payments in US dollars (USD) and British pounds (GBP) (incl. funding, withdrawal, internal fund distribution as well as currency exchange with physical delivery on TOD basis) will not be processed.
Payment orders (incl. funding, withdrawal, internal fund distribution) in US dollars (USD) and British pounds (GBP) received by Renesource Capital on 27th May, 2016 after cut – off time (9:00AM GMT Time) and 30th May 2016 will be processed and executed on the next business day 31st May 2016.
Currency exchange with physical delivery orders received on May 27th, 2016 after cut – off time and May 30th, 2016 will be executed on SPOT/TOM basis.
We kindly ask You to plan ahead your expected financial transactions and payments incl. ensuring corresponding financial collateral/ margin requirements on Your trading account.
On May 30th, 2016 – London Stock Exchange (incl. IOB), as well as derivative exchange LME will be closed.
CME Globex trading (e-trading session) will take place in accordance with the following holiday calendar.
Voice trading and electronic trading on other exchanges, markets and products will not be effected and will be available in accordance with regular market trading hours.
Foreign exchange (FX) and precious metals markets will not be effected and trading will take place as usually.
More information on Renesource Capital business hours can be found on corporate website contacts.
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 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.