National holidays in Russian Federation

National holidays in Russian Federation

Dear Clients,

Due to public holidays in Russian Federation on May 11th 2020, trading on MOEX group exchanges will be closed.

Payments (incl. funding, withdrawal, internal fund distribution) in Russian Rubles (RUB) received by Renesource Capital on 8th May, 2020 after cut – off time (10:00AM GMT Time) will be processed and executed on the next business day 12th May, 2020. Currency exchange with physical delivery instructions received on 8th May, 2020 after cut – off time will be executed on SPOT/TOM basis.

We kindly ask you to plan ahead your expected financial instrument transactions, cash flows and payments, in particular in regards to margin requirements.

If you have any further questions, please do not hesitate to contact Your Account Manager or Capital Markets team.

Best Regards,
Renesource Capital brokerage team

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