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    Renesource Capital

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    Information update on SWAP (rollover, TomNext) rates

    Dear Clients!

    Please be advised that starting from June 28, 2019 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. 

    These indicative rates are subject to review pending the actual rates executed after 5:00 pm NY time (9:00 pm GMT, 00:00 Riga time). The final executed swap rates may be materially different from the indicative rates available on corporate website and/or trading system. Indicative rates displayed are therefore not binding and are provided on a best endeavours basis.

    Please be informed, that Renesource Capital is acting in the capacity of financial intermediary (agency broker) who executes client’s orders only. The Firm does not quote currency and bullion as well as SWAP rates themself. Rates are received from counterparties engaged into execution of client orders. Renesource Capital may calculate and apply adjustment to the indicative rates (whether in the form of cash or rate adjustment), thus clients may suffer unexpected losses or gain additional profit. 

    In this regard we kindly ask you to  follow public announcements and press releases on our corporate web site as well as our accounts on social networks Twitter and Facebook.

     
    Kindest regards,
     
    Renesource Capital
     
    Capital Markets Team

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