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04.07.2016

US Independence Day

Dear customers!
 
Due to Independence Day – public holiday in US on July 4th, 2016, payments and transfers in US dollars (incl. funding, withdrawal, internal fund distribution as well as currency exchange with physical delivery on TOD basis) will not be processed.
 
Payment orders (incl. funding, withdrawal, internal fund distribution) in US dollars received by Renesource Capital on 1st of July, 2016 after cut – off time (10:00AM GMT Time) and July 4th, 2016 will be processed and executed on the next business day July 5th, 2016.
 
Currency exchange with physical delivery instructions received on 1st of July, 2016 after cut – off time and July 4th, 2016 will be executed on SPOT/TOM basis.
 
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 July 4th, 2016 - US stock exchanges (NYSE, NASDAQ) will be closed.
CME Globex trading (e-trading session) will take place in accordance with the following holiday calendar.
ICE Futures U.S. trading session  will take place according to the following holiday calendar.
 
Foreign Exchange and precious metals markets will operate the following hours
 
FX market
 
July 1st, 2016 – normal trading hours.
July 4th , 2016 – normal trading hours.
 
Precious Metals market
 
July 1st, 2016 - normal trading hours.
July 4th , 2016 – trading ends at 18:00PM GMT Time and reopens at 23:00 GMT Time on Monday, July 4th, 2016.
 

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.
 
Yours faithfully,
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.