Due to summer Bank holiday in UK on 28th August 2017, payments in British pounds (GBP) (funding, funds withdrawal and fund distribution between client's accounts) will not be processed.
Payment orders (incl. funding, withdrawal, internal fund distribution) in British pounds (GBP) received by Renesource Capital on 25th August 2017 after cut – off time (10:00AM GMT Time) and 28th August 2017 will be processed and executed on the next business day, 29th August.
Currency exchange with physical delivery instructions received on 25th August 2017 after cut – off time and 28th August 2017 will be executed on SPOT/TOM basis, accordingly ( on 29th August, 2017).
We kindly ask you to plan ahead your expected cash flows and payments.
On August 28th, 2017 - London Stock Exchange (LSE) will be closed.
Renesource Capital brokerage team will operate normal business hours. For more information on Renesource Capital trading hours please go to 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 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.
Capital Markets Team