Renesource Capital - News

    Renesource Capital

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    US & Canada Holidays, Labor Day

    Dear Client,

    Due to Labor Day – public holiday in United States on September 5th, 2016, payments and transfers in US dollars (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 received by Renesource Capital on September 2nd, 2016 after cut – off time and September 5th, 2016 will be processed and executed on the next business day September 6th, 2016.

    We kindly ask You to plan ahead your expected financial transactions and payments incl. ensuring appropriate financial collateral/ margin requirements on Your trading account.

    Trading Schedule

    On July 4th, 2016 - US stock exchanges (NYSE, NASDAQ) will be closed.

    CME Globex trading (e-trading session) will take place in accordance with the following schedule.

    ICE Futures U.S. trading session  will take place according to the following schedule.

     

    Please note the following Foreign Exchange/Precious Metals trading schedule for Monday, September 5th. Precious Metals/ Bullion trading schedule during US hours will be shortened due to the US holiday.

     Foreign Exchange

    Sept 2nd, 2016 - Regular Trading Hours

    Sept 5th, 2016 -  Regular Trading Hours

     Precious Metals

    Sept 2nd, 2016 - Regular Trading Hours - Trading Ends at 17:00 EDT (09:00 PM GMT Time)

    Sept 4th, 2016 – Regular Trading Open 18:00 EDT (10:00 PM GMT Time)

    Sept 5th,2016 -

    APAC Region: Regular Trading Hours

    EMEA Region: Regular Trading Hours

    North America: Trading Ends 13:00 EDT (05:00 PM GMT Time)

    Precious Metals/Bullion Trading REOPENS at 18:00 EDT (10:00 PM GMT Time) Monday, Sept 5th

     

    CFDs

    Trading hours for CFDs on futures will be based on trading hours of underlying asset (futures contract) on the relevant derivatives exchange.

     

    Attention!

    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 the 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. 

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

    Sincerely yours,
    Renesource Capital


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