Liability Agreement

This document contains the Terms of Service, Liability Agreement, and Privacy Agreement between the Client, that is the end user, and Manta Trader.

Liability Agreement

Introduction & Preface

This agreement spells out the liability taken on by the Client (the end user of the application) and Manta Trader and is in force for the duration of Manta Trader's beta program. When the product officially goes live, this agreement will be void and a new EUA will be sent out to the Client, with a chance to continue or end service.

I. Trading

A. Trade Executions

By acknowledging this agreement, the Client takes full liability for a trade execution and recognizes that the price at which a trade is executed is handled by the Client's broker. If a trade is executed at a price that is undesirable causing the Client to lose on their position, Manta Trader will not be held responsible.

B. Opening and Closing Positions

By acknowledging this agreement, the Client recognizes that Manta Trader is a beta product currently in testing, which comes with the potential risk of errors and bugs that may result in the Client losing money. The Client regonizes this, and releases Manta Trader from the liability.

C. Error Handling

Your strategy may encounter errors, in which case you will automatically be pushed a notification on your account notifying you of the error, as well as the algorithm that caused the error will be set to a status of Not Deployed.

D. General Error Clause

Under all circumstances, the Client recognizes that Manta Trader's systems could make a mistake that results in the Client losing money. Manta Trader will do the best possible to ensure that the error is handled.

Privacy Agreement

A. Intellectual Property

All strategies developed, researched, and created by the Client are intellectual property of the Client. Manta Trader will not sell or distribute the Client's data directly in any way under any circumstances unless given authorization by the Client

B. Deletion Policy

When a user deletes a algorithm or bot, Manta Trader ensures to fully delete the document from any of Manta Trader's servers and databases.

C. Backtesting

Manta Trader promises not to record the results of any back tests ran by users.