These Terms of Service (“Terms”) form a legally binding contract between OK Quant Research LLP, a company incorporated under the Companies Act, 2013 having its registered office at A/702-703, Shivam, M G Road, Borivali East, Mumbai 400066, Maharashtra, India (herein, “Optionkaro”) and the person visiting, accessing, or transacting on the Optionkaro Platform (defined hereinafter) (herein, “you” If you are acting on behalf of a legal entity, then you represent to Optionkaro that you have the authority to bind such entity to these Terms and, in such case, the term “you” shall refer to such entity. 

You will be considered to have agreed to these Terms if you access, or transact on or through the Optionkaro Platform, or avail of any of the services offered by Optionkaro.

If you do not agree with these Terms, then you must immediately cease your use and access to the Optionkaro Platform and not avail of any of the services offered by Optionkaro.

By continuing to access and/or use the Option Karo Platform, or by availing any of the services offered by Optionkaro, you confirm that you have read, understood and accepted these Terms.

CONTENTS

• Background
  
• Constitution of these Terms
  
• Registration and Access
  
• Services provided over the Optionkaro Platform
  
• Fees and commercial terms
  
• Intellectual property rights
  
• Representations and Warranties
  
• Disclaimers
  
• Limitation of Liability
  
• Indemnification
  
• General Terms
  

Background

1.1 OK Quant Research LLP offers a proprietary technology platform (“the Optionkaro Platform”) which comprises the web portal at www.optionkaro.com, and APIs, SDKs, tools, plugins, code, technology, content, and services linked thereto that, inter alia, facilitate through technology the interaction of the users of the Optionkaro Platform with SEBI-registered research analysts.

1.2 OK Quant Research LLP is not a SEBI-registered entity and it does not issue research reports or make recommendations. It is merely an educational technology company that facilitates coordination and interaction between its users.

These Terms contain the terms and conditions on which Optionkaro offers the Optionkaro Platform to you as a user of the Optionkaro Platform/Slack group.

Constitution of these Terms

2.1 These Terms include by reference Optionkaro’s entire legal infrastructure (including its Privacy Policy, Cookie Policy and Disclaimers), which are an integral part of these Terms. 

Optionkaro’s legal infrastructure that regulates a user’s access and use of the Optionkaro Platform is available at the URL https://www.optionkaro.com/terms-conditions

2.2 Optionkaro may revise these Terms from time to time, by uploading the updated version of these Terms at the URL https://www.optionkaro.com/terms-conditions and notifying its users of such revision. 

By continuing to access and/or use the Optionkaro Platform, or by availing any of the services offered by Optionkaro thereafter, a user will be considered to have accepted the provisions of these updated Terms.

2.3 The use by a user of the Optionkaro Platform may involve services provided by third-party service providers (“Third-party Service Providers”). In respect of such services, the relevant service terms of the respective Third-party Service Providers will apply to such users.

2.4 The use of the Optionkaro Platform may be subject to additional terms that may be associated with certain events (such as promotions) or to certain features (such as features in beta mode). Optionkaro will notify these additional terms to the users from time to time and may be applicable to users who opt to participate in such events or to use such features.

Registration and access

3.1 The Optionkaro Platform allows users to create a user account. A user may browse the Optionkaro Platform over its website without creating a user account. However, some of the features of the Optionkaro Platform/Slack group may be not be available unless accessed through a user account. 

At the time of creating a user account, the user will be required to submit certain information about themselves. Optionkaro or Third-party Service Providers may not verify the information so provided; it is the user’s responsibility to ensure that all information provided by them is true and accurate. It is recommended that users keep their account information current.

3.2 A user’s access of their user account is based on a system of authentication using either a username and password, using an OAuth function, or using a one-time password linked to the user’s phone number and/or email address (such authentication system in each case being referred to as “Access Protocol”). 

A user is solely responsible for ensuring the security and privacy of their Access Protocol. Optionkaro will consider all actions conducted under an authenticated user account to have originated from the concerned user. 

A user must notify Optionkaro immediately in writing if they believe that their Access Protocol is compromised, or if any unauthorised access has occurred of or through their user account, or if any other breach of security has occurred with respect to their user account. 

Notwithstanding such notification, Optionkaro will not be liable for any loss that may be incurred by them as a result of unauthorised access to their user account by reason of compromised Access Protocol.

3.3 Optionkaro may use the details provided by a user to send announcements, messages, or other information. Users may elect to opt out of such communication unless they pertain to the delivery of services or associated matters.

3.4 Optionkaro may, at its sole discretion, curtail a user’s access to the Optionkaro Platform and related applications such as Slack, without the need to assign a reason if

‍(a) the user is in breach of any provisions of these Terms.

(b) Optionkaro is unable to verify or authenticate any information provided by the user.

(c) Optionkaro has reason to believe that the user’s actions may infringe on any third-party rights, breach any applicable law, or violate any order of a court or an executive authority, or are otherwise detrimental to its goodwill or may adversely affect the conduct of its business. 

If a user’s access has been curtailed, withheld, suspended, or terminated, then such user shall not attempt to re-register themselves on the Optionkaro Platform or to use the Optionkaro Platform in any manner whatsoever.

3.5 Optionkaro reserves the right, at its sole discretion, to withhold, to suspend or to terminate a user’s access to the Optionkaro Platform and related applications such as Slack, without prior notice for any reasonable cause which may include routine maintenance activity and the findings of a fraud detection audit activity.

3.6 The remedies available to Optionkaro hereunder are without prejudice to its entitlements under the law, including the right to recover any amount due to be paid by a user and to pursue such legal action as may be deemed necessary by Optionkaro.

Services provided over the Optionkaro Platform

4.1 A user may read the open content published on the Optionkaro Platform and the website and review the various products and services offered by or over the Optionkaro Platform without any obligation.

4.2 A user may use the Optionkaro Platform for the following purposes.

 

(a) To subscribe to the services of associated SEBI-Registered research analysts over the Optionkaro Platform and the Slack application. The scope and the commercial terms associated with such subscriptions shall be as per the Terms of Service offered by the concerned Research Analyst.

 

(b) To receive recommendations and research reports issued by the research analysts as per the terms of the services subscribed to by them. Users will be notified about the issue of a recommendation and about the publication of the corresponding research report through one or more emails, SMS messages, Telegram messages, or a notification in our Optionkaro’s Slack Community.

 

 (c) To prompt the user to take action regarding a recommendation made under one or more research models offered by a research analyst, if the user so desires. Such prompt shall be enabled by the user by way of receiving a system notification generated by the Optionkaro Slack Community. 

It is clarified that such a prompt is not a recommendation made by Optionkaro Platform and is merely a facilitation of communication between you, other users and the SEBI-registered research analyst.

(d) To execute the recommendations contained in the research report. Optionkaro may recommend using third-party execution applications. This facility will not be available in cases where the user’s stock broker is not associated with such third-party applications. 

Optionkaro Platform is not a trading terminal, all the execution of the trade in stocks and securities needs to be performed by stock brokers on their online trading platform and if the user chooses automation of any kind, the user may use third-party execution tools. 

4.3 Some of the functions of the Optionkaro Platform, by their very nature, are available exclusively over Optionkaro’s Slack Community and require an internet connection to operate fully. 

For example, the generation of notifications depends on the system settings of the mobile device on which the Slack app is installed and requires such device to be connected to the internet. Users must download the Slack app to access the Optionkaro community and should ensure that the concerned device has a stable access to internet for the functionalities to perform as intended.

4.4 While transacting in a Security or combination of Securities recommended by a SEBI-registered intermediary under a concerned research model, you may be recommended to take certain action within a specified time or a price range, as the case may be. 

We are not responsible in case you fail to action the recommendations made in the research report in a timely manner. You are advised to read the research report and the recommendations made therein carefully before making any transaction in a Security or combination of Securities.

4.5 Optionkaro Platform participants may discuss multiple allocation methods or the Research Analyst may share the historical backtest data in which certain allocations may be used for each of the research models.  

Such allocation values are merely an indicative number and is not recommendation made by the SEBI-registered research analyst and/or the Optionkaro Platform. You are not required to make an actual investment for using the allocation values discussed. 

All investments in the securities market are subject to market risks and you should read all the related documents carefully and make an independent evaluation before investing.

Fees and commercial terms

5.1 Optionkaro may charge the user a platform subscription fee (“Platform Fee”) for the use by the user of the Option Karo Platform & the Slack community as listed in section 4.2 above. The Platform Fee will be applicable to access the community discussions, educational content and in respect of one or more research models offered by research analysts. The Platform Fee will be charged for the period of the concerned subscription fully in advance as a flat-fee.

5.2 All fees are non-refundable and non-transferable, regardless of the circumstances in which a user may claim for a refund or transfer of credit of fees.

5.3 In addition to the Platform Fees paid by the user, the user may incur charges that are conventional in trading of Securities, such as brokerage, demat account fees, depository fees, securities transaction tax, etc., which are to be borne exclusively by the user in the course of their trading through their broker platform. Optionkaro does not have any revenue sharing with any of the brokers or any other entities at the moment. 

Intellectual property rights

6.1 Any personal information or details belonging to a user that is provided by the user while availing or accessing the Optionkaro Platform or the Slack community, belongs solely to the concerned user.

6.2 In consideration of a user’s acceptance and continuing compliance with the provisions of these Terms, Optionkaro grants the user a restricted, revocable, non-exclusive, non-transferable license (“License”) to access and use the Optionkaro Platform and the Slack community. The License is revocable at-will, without issue of prior notice.

6.3 Optionkaro (and its licensors, where applicable) own all right, title and interest, including all related intellectual property rights, in and to the content featured on the Optionkaro Platform and the Slack community, the service rendered thereby. Optionkaro exclusively owns all intellectual property rights in all suggestions, ideas, enhancement requests, feedback, recommendations or other information provided by a user or any other party to Optionkaro. 

A user may not create, prepare, distribute, exchange, copy, adapt, modify, sell, transmit, publicly display, publicly perform, broadcast any work which is a derivative of or which is based upon such intellectual property.

6.4 These Terms do not convey to a user any rights of ownership in or related to the Optionkaro Platform/Content on the Slack app or the intellectual property rights owned by Optionkaro or by its licensors. The Optionkaro name, the Optionkaro logo, and the names associated with the Optionkaro Platform and the Slack group are trademarks of Optionkaro and other third parties, and no right of any nature therein is granted to a user.

6.5 The License granted by Optionkaro to user to access and use the Optionkaro Platform and the Slack gourp may be automatically revoked without any fore notice in case of the user attempts, indulges in, or encourages any of the following.

 (a) a breach of any provisions of these Terms.

 (b) a violation of any law or regulation or any order of a court or an executive authority that disallows or otherwise restricts the user from conducting transactions in Securities or in the capital markets‍

 (c) use of manual or automated software, devices, scripts robots, other means or processes to access, “scrape,” “crawl” or “spider” any web pages or other assets of or related to the Optionkaro Platform. 

 (d) use of the Optionkaro Platform and Slack group for any purpose that is not expressly permitted by these Terms.

 (e) copying, storage or otherwise accessing of any information contained on or related to the Optionkaro Platform for purposes not expressly permitted by these Terms.

(f) infringement of the rights of any person or entity, including without limitation, intellectual property rights, privacy rights, publicity rights or contractual rights.

 (g) interference with the working of the Optionkaro Platform and the Slack group, including, without limitation, through the use of viruses, cancel bots, trojans, harmful code, flood pings, denial-of-service attacks, packet or IP spoofing, forged routing or electronic mail address information or similar methods or technology.

 (h) use of the Optionkaro Platform/the Slack group to transmit, distribute, post or submit any information that may be immoral, illegal or otherwise undesirable.

 (i) immoral, illegal or otherwise undesirable conduct concerning the Optionkaro Platform/Slack group, any person or entity associated therewith.

 (j) registration for more than one user account or registration of a user account on behalf of another person without the express permission of such other person.

 (k) a probe, scan or test of the vulnerability of the Optionkaro Platform/Slack group.

 (l) a breach or bypass of any security or authentication measures.

(m) an action to decipher, decompile, disassemble or reverse engineer any of the software used in the 

Optionkaro Platform/Slack group, or to provide the services, products or content. This right of Optionkaro is without prejudice to its other rights under the applicable law.

Payment is for learning. Do check the Terms and Conditions for other Social Trading apps. 

Representations and Warranties

7.1 By accepting the provision of these Terms, the user represents to Optionkaro that

(a) they are a person ‘competent to contract’ under the Indian Contract Act, 1872 and are not disqualified from accessing and using the Optionkaro Platform/Slack group as is generally expected by either operation of law (including by reason of their domicile or citizenship), by the order of a court or any statutory authority, or by provisions of any contract by which they are bound.

(b) they are not disqualified from transacting in Securities in the Indian capital markets.

(c) they have reviewed all the legal documents available at the URL https://www.option karo.com/terms-conditions and have satisfied themselves with their ability and willingness to comply with the provisions of these documents. 

(d) they will not knowingly breach any of the aforementioned representations, and they will promptly cease their use of the Optionkaro Platform/Slack group if their position concerning any of the aforementioned representations changes in any manner.

7.2 Optionkaro reserves the right to take suitable action without forenotice, which may include suspension or revocation of the user’s account access and rights, in case any of these representations or warranties are found to be false or incorrect at any time.

Disclaimers

8.1 Other than as expressly set out in these Terms, Optionkaro and Third-party Service Providers make no specific promises, extend no assurances, and provide no guarantees about the services provided or about the outcome of such services.

8.2 Investments in Securities are subject to various risks, including market-related risks. Users must read and understand all investment-related documents carefully before making a decision to invest. Optionkaro advises its users to obtain expert professional advice with regard to specific legal, tax and financial implications of any potential investment decision before investing.

8.3 Optionkaro provides no guarantee to users of, and does not assure users of, any fixed return, or a return on investment at all or even a return of their principal investment.

8.4 The user acknowledges and agrees that the Optionkaro Platform and access to the Slack group is provided on an “as-is,” and “as-available” basis, without warranty of any kind, either express or implied, to the maximum extent permitted by applicable laws. 

Except as expressly set out in these Terms, Optionkaro expressly disclaims any and all promises, representations and warranties, whether express or implied, including, but not limited to, any implied warranties of merchantability, fitness for a particular purpose, quiet enjoyment, system integration and/or data accuracy in connection with use of the Optionkaro Platform/Slack group. 

Optionkaro does not warrant that the Optionkaro Platform/Slack group, any application service or any other services provided by Optionkaro will meet the user’s requirements or that the operation of the Optionkaro Platform/Slack group, any application service or any other services will be uninterrupted or error-free, or that all errors will be corrected. Optionkaro makes no warranty regarding the quality of the Optionkaro Platform/Slack group and the associated services, or a user’s ability to use the Optionkaro Platform/Slack group, or the timeliness, truthfulness, completeness or reliability of any information obtained through the Optionkaro Platform.

8.5 Information is provided over the Optionkaro Platform/Slack group on a best-effort basis and should not be regarded as be verified by Optionkaro for accuracy or completeness.

8.6 A user is solely responsible for all of their communications and interactions through the Optionkaro Platform/Slack group with a third-party, including, without limitation, research analysts and stock brokers. Optionkaro makes no representations or warranties as the conduct or quality of services of such third-parties.

Limitation of liability

9.1 Notwithstanding anything to the contrary contained elsewhere, the total liability of Optionkaro to a user for all claims arising from or relating to these Terms, including, without limitation, any claim for indemnification or any cause of action arising in contract, tort, or strict liability, will not exceed Rs. 1,000/- (Rupees One Thousand only). 

The user agrees that given the nature of services to be provided by Optionkaro being merely those of a technology platform, this limitation of liability is fair, equitable and reasonable. The user acknowledges that their acceptance of this limitation of liability is the basis of the legally binding agreement constituted hereby and that absent such acceptance, this agreement would not have been consented to by Optionkaro.

9.2 To the maximum extent permitted by law, the entire risks, damages and losses accruing to a user out of their use of the Optionkaro Platform/Slack group remains with the user, irrespective of the cause of such risk, damage or loss. Optionkaro or its employees, representatives, agents, contractors, and licensors involved in creating or operating the Optionkaro Platform/Slack group are not liable for any losses, regardless of

(a) the basis of such losses including delay or non-performance by Optionkaro or Third-party Service Providers, server error, service interruption, system failure, etc. and

(b) the nature of such losses such as lost profits, loss of data, loss of goodwill, computer damage, or the cost of substitute products or services, or personal or bodily injury or emotional distress arising out of or in connection with the user’s use of the Optionkaro Platform/Slack group, etc., whether the claim for such losses is based on warranty, contract, law, tort (including negligence), product, content or service liability and irrespective of whether or not Optionkaro has been informed of the possibility of such damage, even if a limited remedy set forth herein is found to have failed its essential purpose.

9.3 Notwithstanding any provision to the contrary, in respect of any loss or claims arising due to any deficiency or delay in rendering of the services related to the Optionkaro Platform/Slack group, the user’s exclusive remedy and the entire liability of Optionkaro shall be the correction of such deficiency or delay on a going forward basis.

9.4 In no event shall Optionkaro or Third-Party Service Providers be liable to a user or to a third-party in respect of any matter arising from or incidental to the use of the Optionkaro Platform/Slack group for special, indirect, incidental or consequential damages.

9.5 Notwithstanding any provision to the contrary, in respect of any loss or claims arising due to any deficiency or delay in rendering of the services. The disclaimers, exclusions and limitations of liability set forth in herein form an essential basis of the contract between the user and Optionkaro. Optionkaro places reliance on the user’s acceptance of these Terms (including disclaimers, exclusions and limitations of liability) to agree to the provisions of these Terms, and that absent such disclaimers, exclusions and limitations of liability, the agreement constituted hereby would not have been consented to by Optionkaro.

Indemnification

10.1 The user agrees to release, defend, indemnify, and hold Optionkaro and its affiliates and subsidiaries, officers, directors, employees, contractors, sub-contractors and agents, harmless from and against any claims including third-party claims, liabilities, damages, losses, and expenses, including, without limitation, legal fees, arising out of or in any way connected with the breach of any provision of these Terms by the user.

2. Optionkaro acknowledges and agrees to defend, indemnify, and hold the user harmless from and against any third-party claims arising out of infringement of any third-party intellectual properties in respect of the Optionkaro Platform/Slack group (“Infringement Claims”) if the user provides Optionkaro with prior written notice of such third-party claims and gives Optionkaro the control to defend and settle any claim as per its exclusive discretion. In such a case, Optionkaro shall arrange for legal representative to defend the user and will hold the user harmless against any cost levied upon the user by the applicable judicial forum.

General terms

11.1. If Optionkaro cannot perform its obligations hereunder due to an act of God such as a pandemic, an epidemic, government decisions, labour unrest, insolvency, business exigencies, operational and technical issues, international events, change in climate, change in laws, terrorist activity, refusal or delay in performance by Third-party Service Providers, technological issues, server failures, or any other reason beyond the control of Optionkaro , then Optionkaro will be excused from such performance to the extent of such prevention, restriction or interference for the period that it persists.

11.2 A user will not directly or indirectly, disparage or denigrate or encourage others to disparage or denigrate Optionkaro or the Optionkaro Platform/Slack group. A user shall not do any act which would adversely affect Optionkaro, the conduct of its business, or its business reputation. For purposes of this provision, the term “disparage” includes without limitation

(a) any comments or statements or inputs orally or in writing made in any matter or medium in the press or the media whether digital or otherwise or any other social networking sites.

(b) any publications, post, or otherwise release of any material in written, oral or electronic format.

(c) any speeches, interviews, or public statements that mentions Optionkaro, its operations, clients, employees, products, or services.

11.3 A user will not, directly or indirectly solicit, encourage, facilitate, hire, engage, employ, coerce or induce any third party (including its employees) to curtail their business relationship with Optionkaro. This restriction excludes recruitment conducted pursuant to a non-targeted, general campaign.

11.4 Nothing contained in these Terms constitutes a relationship akin to a partnership or joint venture between Optionkaro and a user or constitutes one of them to be a representative or an agent of the other.

11.5 No third party shall be entitled to make a claim under these Terms against Optionkaro.

11.6 If a court finds any provision of these Terms, or portion thereof to be unenforceable, then

 (a) the remainder of these Terms shall continue in full force and effect, and

(b) the impugned provision will be modified to the least extent possible so as to render it enforceable. The invalidity or unenforceability of any provisions of these Terms in any jurisdiction shall not affect the validity, legality or enforceability of these Terms in any other jurisdiction.

7 All disputes arising out of or in connection with these Terms shall be resolved by arbitration as per the Indian Arbitration and Conciliation Act, 1996 (as amended). The arbitration shall be conducted in Mumbai by a sole arbitrator jointly appointed by the concerned user(s) and Optionkaro. 

If these parties are unable to decide on an arbitrator within thirty (30) days, then any of them may apply to the Hon’ble Bombay High Court under section 11 of the Arbitration and Conciliation Act, 1996 for such appointment. The arbitration shall be conducted in the English language. The arbitral award shall be final and binding upon Optionkaro and the concerned user(s).

11.8 These Terms are subject to the exclusive jurisdiction of the tribunals and courts in Mumbai, Maharashtra

DISCLAIMERS

This document contains the disclaimers that apply to an intended or actual transaction involving securities. PLEASE READ THIS DOCUMENT CAREFULLY BEFORE TRANSACTING IN SECURITIES. If you have a disagreement with any part of this document, then you should not transact in securities. By transacting in stocks and securities, whether on the Optionkaro Platform or otherwise, you accept the disclaimers contained herein and confirm that the exclusions and limitations of liability set out in this document are reasonable.

This document has neither been approved nor disapproved by SEBI, nor has SEBI certified the accuracy or adequacy of the contents of this document.

ABOUT Optionkaro Platform & Slack Group

OK Quant Research LLP  is an educational technology company that facilitates coordination and interaction between its users.

It comprises the web portal at www.optionkaro.com, and APIs, SDKs, tools, plugins, code, technology, content, and services linked thereto that, inter alia, facilitate through technology the interaction of the users of the Slack community with SEBI-registered research analysts. 

OK Quant Research LLP is not a SEBI-registered entity and it does not issue research reports or make recommendations. It is merely a technology company that facilitates coordination between its users and the SEBI-registered research analysts.

The Option Karo Platform enables its users to subscribe to a series of the research reports issued by associated SEBI-registered research analysts under a particular research model. 

A user may, if they so elect, act upon the recommendations contained in such research reports through the Optionkaro Platform/Slack group by placing orders on their respective brokers.

The Optionkaro Platform does not offer any research recommendations or distribute research reports. The facts and figures which appear in the context of any recommendation or a research report are not an advice or recommendation to invest and are provided merely for the purpose of providing information on a best-effort basis. 

These should not be considered as an inducement or solicitation to invest. 

Performance-related information provided has not been verified by SEBI.

The liability of OK Quant Research LLP is limited in all cases as specified in the Platform 

Terms of Service document. The provisions of the Platform Terms of Service document are deemed to have been incorporated herein by reference. By using the Optionkaro Platform/Slack group, you agree to this limitation of liability.

The SEBI-registered intermediaries that are involved in the Optionkaro Platform viz., stock brokers and research analysts are verified by Optionkaro Platform to be registered with the SEBI at the time of their registration; however, Optionkaro Platform does not monitor their good-standing on a periodic basis. 

Such intermediaries are responsible to ensure compliance with the terms of their registration and with the applicable laws; Optionkaro does not monitor such compliance. OK Quant Research LLP has neither the authority, nor the obligation, to enquire into the business affairs and the conduct of business of such intermediaries. You are advised to examine the terms of business of such intermediaries and to evaluate the services offered by them before transacting with them.

The Optionkaro Platform is not a trading terminal; the execution of the trade in stocks and securities is performed by stock brokers on their online trading platform. In order to transact in stocks and securities, you may be required to open a trading and/or a demat account with the concerned stock broker if you do not have such an account.

Based on the data available on Optionkaro Platform/Slack group, it may publish fact-based views and opinions regarding, inter alia, securities and the services offered using the Optionkaro Platform. OK Quant Research LLP does not recommend any securities or services offered using the Optionkaro Platform/Slack group, and will not be liable for any loss of whatsoever nature arising therefrom.

The content and data available on Optionkaro Platform/Slack group, including but not limited to index value, return numbers and rationale are for information and illustration purposes only. 

Data used for calculation of returns and other information is provided on the Optionkaro Platform/Slack group is neither audited nor validated by OK Quant Research LLP. Unless otherwise stated, the percentage returns displayed on the Optionkaro Platform for comparing the performance of securities with that of any benchmark asset are Compound Annual Growth Rate (CAGR) and risk levels and composition shown in the weightages sections on the Optionkaro Platform are only for reference.

While care has been taken in preparing the contents provided on the Optionkaro Platform, such contents are provided to you on an “as is” and “as available” basis, without warranty of any kind either express or implied. In particular, no warranty regarding accuracy, suitability or relevance for a particular purpose is given in relation to such contents. 

OK Quant Research LLP, its partners, and its employees make no representations, endorsements or warranties of any kind about the services, content, information and/or data contained on the Optionkaro Platform/Slack group.

Some of the functions of the Optionkaro Platform/Slack group, by their very nature, are available exclusively over Option Karo’s Slack Community and require an internet connection to operate fully. 

For example, the generation of notifications depends on the system settings of the computer device on which the Optionkaro web-app is accessed, and requires such device to be connected to the internet. 

You must use the Optionkaro Slack Community to access the Optionkaro Platform and should ensure that the concerned device has a stable access to internet for the functionalities to perform as intended

About Optionkaro Platform/Slack group

A research model/strategy is an investment thesis that is based on a scientific, backed-tested hypothesis. Such investment thesis, when applied to a live set of data, may generate a viable recommendation to buy, sell or hold a Security or combination of Securities that confirms to the concerned research model. You may subscribe to one or more research models offered by such SEBI-registered intermediary by participating in one or more subscription plan available on the Optionkaro Platform/Slack group.

The performance of Securities under a particular research model may or may not be sustained in future, and the same is not to be used as a basis for comparison with other investments. The names of the research models do not indicate its future prospects and returns in any manner.

All recommendations made in a Security or combination of Securities under a particular research model are offered to you by a SEBI-registered intermediary, in compliance with applicable laws and SEBI regulations. You are advised to read the terms of service of such SEBI-registered intermediary before subscribing to their research reports issued under a particular research model.

During the term of your subscription, a SEBI-registered intermediary may issue research reports on Optionkaro Platform/Slack group containing its research recommendations to you as and when its analysis suggests the possibility of a viable trade based on the research model that you have subscribed to. You will be notified about the issue of a research report through one or more of email, SMS message, Telegram message, or a notification over the Optionkaro Slack group.

While recommending a Security or combination of Securities under research model/strategy offered a SEBI-registered research analyst, you may be recommended to carry out combination of actions on periodic basis. 

In such a case, it is highly advisable that you read the research report and recommendations made therein carefully before you decide to make an investment decision. 

Each research recommendation is issued on an independent and non-specific basis; it does not consider or factor in your earlier action, deviation, or inaction in respect of any previous research recommendation.

While transacting in a Security or combination of Securities recommended by a SEBI-registered intermediary under a concerned research model/strategy, you may be recommended to take certain action within a specified time or a price range, as the case may be. 

Optionkaro Platform and/or the SEBI-registered intermediary making such a recommendation is not responsible in case you fail to action the recommendations made in the research report in a timely manner. 

You are advised to read the research report and the recommendations made therein carefully before making any transaction in a Security or combination of Securities.

Any transaction made in a Security or combination of Securities under a particular research model, whether using the Optionkaro Platform/Slack group or a third-party platform, is subject to terms of Optionkaro Platform/Slack group and also the terms and conditions of such third-party platform.

By deciding to invest, you accept that you have evaluated the concerned research model and the research recommendation made in a Security or combination of Securities under such research model independent of the recommendations provided by such SEBI-registered research analyst. As such, no liability in respect of such investment decision shall attach to such SEBI-registered research analyst.

While subscribing to research model offered by one or more research analyst under a subscription plan, you may access the research reports published by such research analyst under a particular research model on a periodic basis. 

Further, you may request the Optionkaro Platform/Slack group to prompt you to take action regarding a recommendation made under one or more research model offered by research analyst, if you so desire. 

You may enable such prompt by informing Optionkaro Platform and thereafter receive a system notification generated by the Option Karo Slack Community. 

It is clarified that such a prompt is not a recommendation made by Optionkaro and is merely a facilitation of communication between you, other users and the SEBI-registered research analyst.

Your decision, action or omission to transact in a Security or combination of Securities under a particular research model offered by a research analyst shall be based on your own independent evaluation of the risks and rewards of the investments and your own verification of all the relevant facts, including financial and other circumstances and a proper evaluation thereof. 

You are responsible for evaluating and deciding whether or not to accept any subsequent recommendations made by the research analyst under a particular research model. Optionkaro and its corporate affiliates (including third parties affiliated with Optionkaro Platform//Slack group) shall not be liable and responsible in case you transact or fail to transact in recommendations made by SEBI registered research analyst under one or more research models/strategies.

REGARDING TRADING IN DERIVATIVES

Information present on Optionkaro Platform/Slack group shall not be considered as an advice or recommendation or solicitation of an investment/trade or investment/trading strategy. 

You as an investor/trader are responsible for your investment/trading decisions and are responsible for validating all the information used to make the investment/trading decision. 

You understand you’re your investment decision is based on your personal investment needs and risk tolerance; the performance information available on the Optionkaro Platform/Slack group is one amongst many other things that you should consider while making an investment decision. 

Past performance does not guarantee future returns and the performance of any investment strategy or securities are subject to market risk. Investing and trading in the securities market are subject to market risks and you should read all the related documents carefully before investing.

Investing in securities including equities and derivatives involves certain risks and considerations associated generally with making investments in securities. The value of the investments in securities may be affected generally by factors affecting financial markets, such as price and volume, volatility in interest rates, currency exchange rates, changes in regulatory and administrative policies of the Government or any other appropriate authority (including tax laws) or other political and economic developments. Consequently, there can be no assurance that the objective of an investment strategy or securities would be achieved.

The value of a securities invested in any investment strategy available on the Optionkaro Platform may fluctuate and can go up or down. You are advised to carefully review the terms of investing, and other related documents carefully and in their entirety and consult your legal, tax and financial advisors to determine possible legal, tax and financial or any other consequences of investing in securities, before making an investment decision.

The recommendation in an investment strategy is subject to changes. The benchmark of the investment strategy and/or securities may change from time to time in the future. Trading volumes, settlement periods and transfer procedures may restrict the liquidity of investments in securities.

Individual returns of investors for a particular investment strategy may vary significantly; so also, the performance of a particular security may vary from the depicted data on the performance of the concerned security due to factors such as the timing of entry and exit, the timing of additional flows and redemptions, individual client mandates, specific characteristics or structural parameters, which may have a bearing on individual returns.

No claims may be made or will be entertained for any variances between the performance depictions and the actual returns.

Financial products and instruments are subject to market risks and yields may fluctuate depending on various factors affecting capital/debt markets. There is no assurance or guarantee that the objectives of the investment strategy will be achieved. Please note that past performance of the financial products, instruments and investment strategy does not necessarily indicate the future prospects and performance thereof. Such past performance may or may not be sustained in future.

A SEBI-registered intermediaries’ services including their recommendation may not be always profitable, as actual market movements may be at variance with anticipated trends. You are not being offered any guaranteed or assured returns.

REGARDING LEGAL MATTERS

Due to the global nature of the internet, the Optionkaro Platform/Slack group may be accessed by users in countries other than India. OK Quant Research LLP makes no warranties that materials on the Optionkaro Platform/Slack group are appropriate or available for use in such jurisdictions. 

If it is illegal or prohibited for you to access or use the Optionkaro Platform/Slack group, then you should refrain from doing so. 

If you choose to access the Optionkaro Platform/Slack group from outside India, then you do so on their own initiative and are responsible for compliance with all applicable laws and regulations.

OK Quant Research LLP hereby expressly disclaims any implied warranties imputed by the laws of any jurisdiction. 

OK Quant Research LLP considers itself and intends to be subject to the jurisdiction only of the courts of Mumbai, India. If you don’t agree with any of our disclaimers above, then do not transact in stocks or securities.

This site is specifically for users in the territory of India. Although the access to users outside India is not denied, OK Quant Research LLP shall have no legal liabilities whatsoever in any laws of any jurisdiction other than India.

OK Quant Research LLP reserves the right to make changes to the Optionkaro Platform/Slack group, its website, and its disclaimers, Platform Terms of Service, Privacy Policy, and Cookie Policy at any time. Such changes are applicable when uploaded on any page of the Optionkaro Platform/Slack group.

This disclaimer is effectively part of the terms of Optionkaro Platform (i.e., Platform Terms of Use, Privacy Policy, Cookies Policy and Disclaimer) and is fundamental to your use of the Optionkaro Platform/Slack group. The terms of Optionkaro Platform/Slack group including this Disclaimer will prevail over anything contrary whatsoever.