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    Renesource Capital

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    US Memorial Day and UK spring Bank holiday

    Dear customers!

     

    Due to Memorial Day – public holiday in US and spring Bank holiday in UK on 29th May 2018, payments in US dollars (USD) and 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 US dollars (USD) and British pounds (GBP) received by Renesource Capital on 28th May, 2018 after cut – off time (10:00AM GMT Time) and 29th  May, 2017 will be processed and executed on the next business day 30th May.

    Currency exchange with physical delivery instructions received on 28th May, 2018 after cut – off time and May 29th, 2018 will be executed on SPOT/TOM basis, accordingly ( on May 30th, 2018).

    We kindly ask you to plan ahead your expected cash flows and payments.

    On May 29th, 2018 - US stock (NYSE, NASDAQ), London Stock Exchange (LSE) and derivatives (CBOT, CME Group, ICE) Exchanges will be closed.

     

    Renesource Capital brokerage team will operate shortened business hours, from 06:00 GMT to 18:00 GMT (Riga 3).

     

    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.

    Best Regards,

    Renesource Capital markets brokerage team


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