LEGAL
Disclaimer
Last updated
Not registered with SEBI
Patni Capital Pvt. Ltd. ("Patni Capital", "we", "us"), which operates the brand Patni Capital Algo, is not registered with the Securities and Exchange Board of India (SEBI) as an Investment Adviser, Research Analyst, Portfolio Manager, stock broker or in any other capacity.
Information only, not advice
Everything on this website, including articles, guides, podcast summaries, illustrations and strategy descriptions, is provided for general information and education only. It is not investment advice, research, a research report, a solicitation, or a recommendation to buy, sell or hold any security, derivative or other financial instrument. Nothing here takes into account your financial situation, objectives or risk tolerance, and nothing here is personalised to you.
Descriptions of strategies explain how they are designed to work. They are not a statement that any strategy is suitable for you.
Please consult a SEBI-registered Investment Adviser before making any investment or trading decision.
Risk of loss
Trading in derivatives, including index futures and options, involves substantial risk of loss and is not suitable for everyone. You can lose money quickly, and in some positions you can lose more than the amount you originally expected to risk. Only trade with money you can afford to lose.
Rule-based and algorithmic strategies do not remove market risk. Stop losses may be executed at prices worse than the stop level, particularly in fast-moving or gapping markets. Hedges reduce some risks but not all of them. Diversification across strategies does not prevent losses.
Past performance
Past performance, whether live or from historical testing, does not indicate future results. We do not publish performance figures on this website, and nothing here should be read as a statement about the future outcome of any strategy. Any figures shown on third-party platforms are published by those platforms, not by us on this website.
Illustrations
Any depiction of a trading engine, rule, terminal output or market-day timeline on this website is illustrative only. It does not show real orders, prices, quantities or outcomes.
Third-party platforms
Our strategies are made available through Tradetron, a third-party platform, and orders are placed in your own account with your own broker. Patni Capital is not a broker, does not hold client funds or securities, and is not responsible for the services, availability, charges or terms of Tradetron, any broker, or any exchange. Your use of those services is governed by their own terms.
Regulatory framework
Algorithmic trading by retail investors in India is subject to rules issued by SEBI and the stock exchanges, which change from time to time. These rules can affect whether, how and through which brokers a strategy may be offered or used. Please check with your broker before deploying any strategy.
Recognitions and names
References on this website to recognition by the Department for Promotion of Industry and Internal Trade (DPIIT), to an event at BSE, to Tradetron, or to any podcast or media appearance are factual references only. They do not mean that any of these bodies or organisations endorses Patni Capital, its strategies or this website.
NIFTY, NIFTY 50, BANK NIFTY, SENSEX and other index names are trademarks of their respective owners. They are used on this website only to identify the underlying indices, and their owners do not sponsor or endorse Patni Capital.
Technology risk
Automated trading depends on software, internet connectivity, third-party platforms, brokers and exchanges, any of which can fail, be delayed or behave unexpectedly. Such failures can result in missed, duplicated or delayed orders and in losses. You remain responsible for monitoring your account and positions.
Your responsibility
You are solely responsible for any decision to deploy a strategy, for choosing position sizes, and for the outcome of trades in your account. By using this website you agree that Patni Capital, its directors and employees are not liable for any loss arising from the use of information on this website.
Contact
Questions about this disclaimer can be sent to info@patnicapital.in.