Algo Bride – Terms & Conditions
1.General Information (Algo bridge): The algo bridge provides User Interface (UI) to manage API functionality for order management and trade management. algo bridge offers several risk management controls such as Max Orders Per Minute, Max Trades Per Day, Max Order Quantity, Max Sym Pos among others. Users are advised to trade only after full understanding of the UI controls in algo bridge
2.No guarantees or warranties: User should be aware that using API service with algo bridge involves many uncertain factors and complex hardware, software, systems, communication lines, peripherals etc. The Company does not make any commitment, warranty or promises that this algo bridge will be available to at all times without any interruption/fail.
3 Limitation of Liability: User should carefully consider whether this API based trading is suitable in light of his financial condition or otherwise. Company shall not be responsible for lost profits, revenues, or data; financial losses; or indirect, special, consequential, exemplary, or punitive damages. Users are hereby informed, and by proceeding to trade duly acknowledge and accept that there can be no guarantee of profits or no exception from losses while executing orders by using the API Facility. All trades are subject to market risk and are to User’s trading account.
4.Confidentiality: Confidential information including credentials (such as trading passwords, API keys and secrets, and Client IDs) and order history (details of orders submitted, modified, cancelled) are intended to be used only by User. This confidential information is stored on User’s local computer only, and not accessible to Company. The Company may have access to diagnostic information related to application crash or performance issues which is used for betterment of algo bridge
5. Trade Authorization: All trades placed via algo bridge shall be manually authorized by User. The User acknowledges to manually login, authorize and supervise all trades via algo bridge.
WARRANTIES, DISCLAIMERS:
- Amibroker / Trading View / MT4 / MT5 / Ninja Trader are product names of Third Party Applications (TPA).
- Company or Associates has no association with TPA and cannot be held liable on any account arising from the use of TPA or any information/analysis derived under the scope of this proposal by use of TPA by any of the parties hereto. The customer should use TPA software/api at his/her own risk. Any trading decisions made by analysis/information through the TPA will be the sole responsibility of customer.
All Content/Deliverables provided herein is provided on an “as is, where is” basis without any warranty or representation whatsoever. Company disclaims any and all responsibility for any loss or claim including but not limited to any direct, special, indirect, incidental, exemplary or consequential damages resulting from Customer ’s or any end user’s use of or inability to access or use the Content or any inaccuracy therein. Further, Company shall not be liable for claims/damages in case of any error or for any delay or failure in transmission of the information.
Company makes no warranties, either expressed or implied as to the results to be obtained by any person/organization or entity from the use of the information or data either whole or in part, supplied to the Customer. Company makes no express or implied warranties of merchantability or fitness or suitability or availability for a particular purpose or use with respect to the information or its content/deliverables. Content/Deliverables in general are not error-free and the customer agrees that the existence of such errors shall not constitute a breach of this proposal.
INDEMNIFICATION AND LIMITATION OF LIABILITY:
The Customer shall defend, indemnify and hold Company and its employees and agents harmless from and against, any and all suits, actions and proceedings, claims, liabilities, losses, damages, costs and expenses, including reasonable outside attorneys’ fees, arising directly or indirectly in connection with:
a. ) a violation of any law, regulation or order of any government or judicial authority by him/her; or
b. ) any act omission, fraud, negligence or default or the breach of any of his/her obligations or representations hereunder, by him/her or his/her employees and agents; or
c. ) any infringement of any intellectual property right of any third Party; or
d. ) Disclosure of confidential information to any third party except with the written prior consent of the disclosing party.
e. ) Disputes: Any dispute arising out of or relating to this Agreement shall be first attempted to be resolved through mutual discussions and conciliation between the
Parties.
Office No 510, A Wing, 5th Floor, World Trade Centre, Sitabuldi, Nagpur
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