Risk Disclosure Statement

Introduction

This statement details the risks associated with using the Trinkerr website, as well as other domains, sub-domains, mobile applications or platforms (collectively referred to as the "Platform") owned and/or operated by Trinkerr Learning Technologies Pvt Ltd. ("Company," "Us" or "We"). The Platform allows users to create, test and deploy trading strategies.

Technological Risks

  • Risks related to the Platform's software, such as programming errors or updates that may affect functionality.
  • Risks associated with computing and communications infrastructure, including system failures, maintenance interruptions and software upgrades.
  • Risks related to the user's computer system and Internet connectivity, which may fail or behave unpredictably.
  • Risks arising from errors in the data used for testing strategies or the market model applied.
  • Risks connected to third-party service providers, such as data providers, computational service providers, and network connectivity providers.
  • Risks associated with cyber-attacks and criminal activities, such as system malfunctions, intellectual property theft, fund theft and erratic trading behaviour.
  • Risks related to strategy deployment failures due to issues with the cloud-based infrastructure provided by third-party service providers. The Company reserves a computation slot for users in the third-party cloud infrastructure, but this slot may fail for various reasons, such as network or infrastructure failures.
  • Risks tied to operational and information security, including cybersecurity incidents that may result from deliberate attacks or unintentional events. Cybersecurity attacks can include unauthorised access (e.g., hacking or malicious coding) to steal assets or sensitive information, corrupt data or disrupt operations.
  • Risks from cyber-attacks that do not require unauthorised access, like denial-of-service attacks that make services unavailable. Cybersecurity incidents affecting the Platform or stockbrokers can disrupt business operations and lead to financial losses, regulatory fines, reputational damage, legal fees or additional compliance costs.

Strategy-related Risks

  • Risks due to strategies not functioning correctly or failing to comply with applicable rules.
  • Risks related to trading strategies implemented in software code, which may contain logical errors or bugs leading to malfunctions or incorrect trade recommendations.
  • Risks due to a user's failure to thoroughly test a trading strategy before deployment or to continually monitor its performance to ensure compliance with relevant rules.
  • Risks associated with a user's incorrect understanding of technical indicators, which may not work as intended or contain logical errors in interpretation.

Deployment-related Risks

  • Risks of differential returns, where the user may incur losses or fail to profit from a strategy compared to its performance in simulated testing.
  • Risks due to differential returns arising from different data sources.
  • Risks associated with using the Platform alongside third-party services or software, which may cause malfunctions and unexpected results.
  • Risks arising from factors such as the impact of a strategy's implementation on the market, real-world variables, execution costs, broker commissions, trading slippage, flash crashes and exchange outages.
  • Risks from challenges not present in simulated environments, including disallowed or rejected orders due to margin requirements, illiquid stocks, or adverse market conditions like lack of liquidity, sudden price swings, late openings, early closings, market chaos and mid-day trading halts.
  • Risks due to failures of infrastructure, connectivity and other factors that may cause incorrect execution, order rejections or failures, potentially due to user-provided information.
  • Risks related to latency in the user's system, the stockbroker's system, the cloud provider's system or the market, which could result in undesirable order placements, cancellations or other unexpected outcomes.

Conclusion

Experiencing any of these risks, either individually or in combination, could lead to the loss of all funds in the brokerage account used for live trading based on the strategies created, tested, and executed on the Platform. Losses can occur more quickly in live trading when deploying strategies than in other types of trading. It is crucial to discuss the risks associated with trading, especially strategic or systematic trading, with an investment professional. Users engage in live trading at their own risk, and they are responsible for thoroughly testing and monitoring their deployed strategies to ensure compliance with relevant rules.

These risks emphasise the complexities and uncertainties involved in live strategic or systematic trading and highlight the importance of safeguarding trading strategies and brokerage accounts from potential threats and disruptions.