OREANDA-NEWS. Latvian Central Depository, part of NASDAQ OMX Group, informs that as of today AS IBS Renesource Capital has become a participant at Latvian Central Depository (LCD). Renesource Capital is 18th company that has obtained participant status at LCD enabling the company to provide its clients custody and services for the financial instruments registered with LCD and its partners.

Becoming a participant at LCD will enable Renesource Capital to provide direct settlement of financial instruments registered with LCD, and cash clearing for transactions and for corporate actions with regard to financial instruments.

“Our offering to Renesource Capital not only enables the company to expedite settlement and transactions but also provides access to a large number of international securities, including equities, bonds and derivatives. Links and agreements between Latvian Central Depository and other international and regional depositories such as Clearstream, Estonian CSD, and Lithuanian CSD enable us to provide our clients direct access to a large pool of securities registered at our partners,” said Raitis Vancans, Head of Latvian CSD operations.

AS IBS Renesource Capital participant code at LCD is 0264.

AS IBS “Renesource Capital” is one other the leading providers is Baltic’s in application of financial instruments in hedging risks related to currency, commodities and natural resources. The company offers its clients brokerage and other services enabling access to international commodities and financial markets.