Risk Disclosure & Technical Liability Notice
Algo Software Innovations (A-801, Siddhi Towers, Ganesh Nagar, Dapodi, Pune -411012) • Read before deploying algorithms.
1. Capital Risk & Financial Volatility Warning
Trading in equities, futures, options, commodities, and currency derivatives involves substantial financial risk and is not suitable for all investors. You may lose all or more than your initial invested capital. Historical backtested simulations, technical indicator pairings, and automated algorithms do not guarantee future live market profits.
2. Operational & Technical Failure Risks
Automated execution relies on interconnected telecommunications networks, broker APIs, exchange price matching engines, and cloud hosting infrastructure. The Client accepts full operational risk for:
- Exchange & Broker API Outages: Temporary network downtime, rate-limiting HTTP 429 rejections, or unexpected broker API updates.
- Slippage & Liquidity Gaps: Fast-moving market conditions or wide bid-ask spreads causing orders to fill at prices differing from trigger levels.
- Internet & Cloud VPS Latency: Packet drops, network route changes, or server reboots beyond the Company’s direct control.
3. Pure IT Vendor Role & Zero Liability (SAC 998314)
Algo Software Innovations (A-801, Siddhi Towers, Ganesh Nagar, Dapodi, Pune -411012) operates strictly as an independent software scripting and cloud infrastructure provider under SAC Code 998314. We do not act as an algo service provider, algo vendor, or exchange-empaneled vendor. Because all strategy rules, risk parameters, and order executions are entirely designed and authorized by the Client, the Company, its founders, and its engineers bear ZERO LIABILITY for any direct, indirect, incidental, or consequential trading losses or damages.
4. SEBI Regulatory Position & Independent Software Engineering Declaration
In strict accordance with the Securities and Exchange Board of India (SEBI) regulations, circulars, and cautionary advisories regarding algorithmic trading and retail financial markets:
- Non-Advisory IT Status: Algo Software Innovations is NOT registered with SEBI as an Investment Adviser (IA), Research Analyst (RA), Portfolio Manager (PMS), or Stock Broker. We do NOT provide trading recommendations, buy/sell calls, signals, stock tips, or managed trading facilities.
- Custom Logic Coding Only: We strictly write source code based on the Client's own independent rules and formulas. We do not provide, sell, or distribute pre-built automated trading bots, black-box strategies, or guaranteed return systems.
- Client-Side Execution & Broker API Compliance: All code is delivered to the Client for execution on their own local environment or private VPS using their personal retail broker API credentials (e.g. Zerodha Kite Connect, Angel One SmartAPI, DhanHQ, Upstox API, Fyers API, FlatTrade, etc.). The Client is solely responsible for generating their personal API keys, performing daily Two-Factor Authentication (2FA) / TOTP token generation, and complying with their broker's API terms of service.
- API Throttling & Safe Execution: Custom Python scripts include safe API request throttling (≤ 10 requests per second) and client-side order identification remarks to prevent exceeding broker API rate limits.
- No Exchange Algo-ID or Empanelment Claim: The Company does NOT issue exchange Algo-IDs, does NOT claim exchange empanelment, and does NOT route client orders through any centralized pooled execution server.
- No Profit Sharing or Fund Handling: We never pool money, accept investments, or take profit-sharing cuts. Our fee is strictly a one-time development charge for custom software coding work.
Address: A-801, Siddhi Towers, Ganesh Nagar, Dapodi, Pune -411012, Maharashtra, India
Helpline: +91 9923789090 • Email: support@algoh.in