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 2nd, 2019, payments and transfers in US dollars and Canadian dollars (incl. funding, withdrawal, internal fund distribution) will not be processed.

    Payment orders (incl. funding, withdrawal, internal fund distribution) in US dollars and Canadian dollars received by Renesource Capital on August 30th  2019 after cut – off time and September 2nd, 2019 will be processed and executed on the next business day September 3rd, 2019.

    Currency exchange with physical delivery instructions received on August 30th 2019 after cut – off time and September 2nd, 2019 will be executed on SPOT/TOM basis, accordingly ( on 3rd September, 2019).

    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 September 2nd, 2019 - 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.

    Renesource Capital Brokerage Department will be operating shortened hours, from 09:30 to 19:00 Riga time (from 07:30 to 17:00 GMT)


    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

    Capital Markets Team 

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