29.06.2016

Update on margin rates for EUR and Sterling currency pairs

Dear Clients, 
 
Following the uncertainty posed by the EU Referendum in United Kingdom, and given that market implicit volatility in Sterling (GBP) and Euro (EUR) currency pairs as well as conditions in currency markets in general have stabilized, Renesource Capital risk team has taken a decision to reduce the margin requirements back to normal pre EU referendum in UK level staring from June 29, 2016 23:59:59 Riga time (GMT +3).
 
Margin requirements will be lowered for all trading account types (FX Micro, FX Classic and FX Pro incl. Demo accounts)...

Read more ...


Sincerely, AS IBS „Renesource Capital”

21.06.2016

24H LIVE COVERAGE of BREXIT vote

Dear traders!
 
With less than two days left until the UK casts its vote on continued membership of the EU, Renesource Capital informs that it will run a 24 hour Live Coverage of BREXIT vote on its Twitter account.
Latest polls and odds, breaking news, preliminary voting results, forecasts, interviews and opinions from varies sources and information agencies...
 

Read more ...


Sincerely, AS IBS „Renesource Capital”

20.06.2016

Information on potential widening of SWAP rates related to Brexit referendum and end of the Q2

Dear Clients! 

Please be advised that due to the end of Q2 as well as EU referendum in UK rollover rates (SWAP, TomNext, OverNight) may widen slightly due to end of the second quarter reporting period which may trigger a position squaring by the banks.

We expect rollover (SWAP, TomNext, OverNight) rates to return to normal at the beginning of Q3.

Kindest regards,

Renesource Capital

Read more ...


Sincerely, AS IBS „Renesource Capital”

15.06.2016

Renesource Capital hikes margin rates for EUR currency pairs

Dear Customers! 
  
Renesource Capital keeps accurately tracking the events on the financial and capital markets in connection to the upcoming EU referendum in the United Kingdom (BREXIT), which is scheduled to take a place in the United Kingdom and Gibraltar on June 23, 2016, paying exceptional attention to prevailing nervousness and uncertainty in the currency markets in anticipation of the significant increase of market volatility and therefore a widening of market spreads in context of the outcome of EU referendum...

Read more ...


Sincerely, AS IBS „Renesource Capital”

Risk Disclosure Statement. Margin transactions (Forex, contracts for difference CFD, futures and futures options, stock options, REPO transactions, transactions in over-the-counter derivatives and transactions using broker credit, including selling short) involve higher risk. The level of risk increases with the leverage ratio. As the result of margin transactions, relatively high profits are possible with low level of initial investments, as well as significant losses which may exceed the principal amount of investments or the amount of the collateral. Please ascertain whether margin transactions in their essence and content suit the risk profile that was assigned to you by AS IBS Renesource Capital and whether the content of margin transactions corresponds to your investment goals.