General Terms of Use
For the purpose of these Terms and Conditions, The term "we", "us", "our" used anywhere on this page shall mean ALGOPLEX TRADING SOLUTIONS LLP, whose registered/operational office is Siddeshwar Gardens, dhokali naka, kolshet road, B/401 Harmony Tower Thane MAHARASHTRA 400607 . "you", “your”, "user", “visitor” shall mean any natural or legal person who is visiting our website and/or agreed to purchase from us.
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Your use of the website and/or purchase from us are governed by following Terms and Conditions:
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The content of the pages of this website is subject to change without notice.
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Neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and materials found or offered on this website for any particular purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law.
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Your use of any information or materials on our website and/or product pages is entirely at your own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services or information available through our website and/or product pages meet your specific requirements.
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Our website contains material which is owned by or licensed to us. This material includes, but are not limited to, the design, layout, look, appearance and graphics. Reproduction is prohibited other than in accordance with the copyright notice, which forms part of these terms and conditions.
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All trademarks reproduced in our website which are not the property of, or licensed to, the operator are acknowledged on the website.
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Unauthorized use of information provided by us shall give rise to a claim for damages and/or be a criminal offense.
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From time to time our website may also include links to other websites. These links are provided for your convenience to provide further information.
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You may not create a link to our website from another website or document without ALGOPLEX TRADING SOLUTIONS LLP’s prior written consent.
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Any dispute arising out of use of our website and/or purchase with us and/or any engagement with us is subject to the laws of India .
Regulations & Authority
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Tradzy is a trading technology development and automation services provider and is not a regulated entity under the purview of Securities and Exchange Board of India. The usage of the products and services offered by Tradzy is not to be construed or used as investment advice by client.
Own volition of client
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The automated trading activity undertaken by Clients via the trading technology solutions provided by Tradzy is to be done upon the own volition of the client. Further the client must be aware of the risks of trading before engaging in any such activity with the help of the technology solutions offered by Tradzy.
No assurance or guarantee of meeting investment objectives.
Trading is speculative and involves significant risks. There can be no assurance that the objectives of an algorithm will be achieved. The usage of trading algorithms is not suitable for persons who have a need for regular current income from such an activity. Utilizing an algorithm is not intended to provide a complete investment program for the Client, but should be an allocation of his investment portfolio. The Client is advised to consult with a Regulated Investment Advisor or professional before engaging in any investment or trading activity.
Risk associated with usage of our technology offering
The trading strategies employed by the usage of trading algorithms (including but limited to, among other things, the use of leverage) involve certain risks as detailed below which should be taken into consideration before employing such algorithms to carry on trading.
1. No assurance can be given that the trading undertaken by a Client with the aid of the technology tools, algorithms will be successful under all ordinary market conditions.
2. Trading can be leveraged. Some algorithms might involve a high degree of leverage. A small price movement in the market may, therefore, result in substantial gains or losses. Thus, trading of some investments may result in losses in excess of the amount initially employed by the Client to be carried out by such algorithms.
3. Trading may be illiquid. Some exchanges have daily price limits for certain investments. Once the price of an investment has increased or decreased by an amount equal to the daily limit, positions in the investment can be neither taken nor liquidated unless traders are willing to affect trades at or within the limit. In the past, investments have moved the daily price limit for several consecutive days with little or no trading occurring. Similar occurrences could prevent the algorithms from promptly liquidating unfavourable positions and thus subject the Client to substantial losses.
4. Speculative nature of trading. The trading algorithms objectives, rules, policies should be considered speculative, as there can be no assurance that algorithms will generate a profit.
5. Market risks. The profitability of a significant portion of the Client depends to a great extent upon the success of price movements of specific financial instruments, securities, commodities, futures and/or other investments. There can be no assurance that the algorithms will be able to predict accurately these price movements or that clients will not lose all or substantial proportion of their investments.
6. The institutions, including but not limited to brokerage firms, with which the algorithms execute trades, may not may not be operationally efficient and may not be subject to capital adequacy requirement. As a result, a counterparty may encounter financial or operational difficulties that impair its quality of services which might expose the Client to potential losses as a result.
7. The strategies and algorithms subscribed for by the client may involve short selling. Short sales can, in certain circumstances, substantially increase the impact of adverse price movements on the Clients trading accounts.
8. The strategy and trading algorithms subscribed for by the Client may involve the taking of frequent trading positions, and, as a result, turnover and brokerage commission expenses of the Client may significantly exceed those of other investment avenues of comparable size.
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