IMPORTANT NOTICE

This Risk Disclosure Statement forms an integral part of the Terms and Conditions governing the use of the SutraLipi ("Platform"), owned and operated by TechRhombus ("TechRhombus", "we", "our", or "us").

By accessing, registering for, subscribing to, or using the Platform, you acknowledge that you have read, understood, and accepted the risks described in this Risk Disclosure Statement.

Users should carefully consider their financial circumstances, risk tolerance, trading experience, and investment objectives before utilizing any trading-related functionality available through the Platform.

1. TECHNOLOGY PLATFORM ONLY

SutraLipi is a technology platform that provides tools and functionality for:

• Strategy development
• Algorithm creation
• Backtesting
• Market replay
• Paper trading
• Market analysis
• Broker integrations
• Automated execution
• Related analytical services

TechRhombus acts solely as a technology provider.

Unless expressly stated otherwise and authorized under applicable law, neither TechRhombus nor SutraLipi acts as:

• A stock broker
• A sub-broker
• An investment adviser
• A research analyst
• A portfolio manager
• A wealth manager
• A financial planner
• A fiduciary
• Any other regulated financial intermediary

2. NO INVESTMENT ADVICE

The Platform does not provide:

• Investment advice
• Trading advice
• Financial advice
• Tax advice
• Legal advice
• Recommendations regarding the purchase or sale of any security, derivative, commodity, currency, or financial instrument.

Any information, tools, analytics, calculations, examples, reports, simulations, educational content, support communications, or technical guidance provided through the Platform are intended solely for informational, educational, analytical, and technological purposes.

Users remain solely responsible for all investment and trading decisions.

3. GENERAL MARKET RISK

Trading and investing in financial markets involve substantial risk.

Market prices may fluctuate rapidly and unpredictably.

Users may incur:

• Partial losses
• Significant losses
• Complete loss of invested capital

Market movements may be influenced by:

• Economic conditions
• Corporate developments
• Government actions
• Regulatory actions
• Interest rates
• Global events
• Political developments
• Market sentiment
• Other factors beyond the control of TechRhombus

4. ALGORITHMIC TRADING RISKS

Algorithmic trading involves unique risks that may not exist in discretionary trading.

Risks include:

• Coding errors
• Logical flaws
• Parameter misconfiguration
• Strategy defects
• Mathematical errors
• Software bugs
• Data interpretation errors
• Unanticipated market behavior
• Incorrect assumptions
• User mistakes

A Strategy that appears successful during testing may perform differently in live markets.

Users are solely responsible for validating, understanding, testing, and monitoring their Strategies.

5. USER STRATEGY RESPONSIBILITY

All Strategies executed through the Platform are created, configured, modified, tested, and deployed at the sole discretion of the User.

TechRhombus does not review, validate, approve, certify, endorse, or guarantee:

• User-created Strategies
• Indicators
• Algorithms
• Trading logic
• Risk controls
• Position sizing methods
• Strategy outcomes

Users assume full responsibility for all outcomes resulting from Strategy execution.

6. AUTOMATED EXECUTION RISKS

Users acknowledge that automated trading systems may generate unintended outcomes.

Risks include:

• Excessive orders
• Duplicate orders
• Rapid position accumulation
• Unintended positions
• Execution delays
• Missed trades
• Rejected orders
• Partial fills
• Position management failures
• Unexpected losses
• Strategy malfunctions

Users are responsible for implementing appropriate safeguards, including:

• Risk limits
• Position limits
• Capital limits
• Monitoring procedures
• Emergency shutdown mechanisms

7. LIVE TRADING RISKS

Live trading may be affected by circumstances beyond the control of TechRhombus.

Such circumstances may include:

• Exchange outages
• Broker outages
• API failures
• Margin restrictions
• Trading halts
• Order routing failures
• Network disruptions
• Infrastructure failures
• Regulatory interventions
• Human error
• Other operational events

These events may result in:

• Delayed execution
• Partial execution
• Duplicate execution
• Failed execution
• Unintended positions
• Financial losses

8. HISTORICAL DATA, BACKTESTING AND SIMULATION RISKS

SutraLipi utilizes historical market data, including tick-level data where available, to facilitate:

• Backtesting
• Replay
• Paper trading
• Simulation
• Market analysis
• Strategy development

The Platform endeavors to provide realistic simulation environments using available historical information.

However, historical simulations cannot fully reproduce every aspect of live market participation.

9. HISTORICAL TICK DATA AND SIMULATION LIMITATIONS

SutraLipi endeavors to provide realistic historical analysis, replay, paper-trading, and backtesting environments utilizing historical market data, including tick-level data where available.

While the Platform seeks to preserve the integrity of historical market information and provide high-fidelity simulations, Users acknowledge that no historical simulation can fully reproduce all aspects of live market participation.

Differences between historical simulations and live-market outcomes may arise due to factors including:

• Exchange-side processing
• Broker-side processing
• Order queue priority
• Market liquidity conditions
• Slippage
• Partial executions
• Rejected orders
• Regulatory actions
• Trading halts
• Market microstructure effects
• Infrastructure conditions
• Other factors not fully represented within historical datasets

Accordingly, TechRhombus does not guarantee that historical backtests, replay sessions, simulations, or paper-trading results will always produce results identical to those observed during live trading.

10. MARKET DATA RISKS

Market Data may originate from:

• Proprietary collections
• Licensed data providers
• Exchanges
• Brokers
• Vendors
• Third-party sources

Although TechRhombus endeavors to maintain data integrity, no representation or warranty is made that Market Data shall always be:

• Complete
• Accurate
• Continuous
• Error-free
• Timely
• Suitable for every purpose

11. DATA CORRECTIONS AND REVISIONS

Users acknowledge that exchanges, brokers, regulators, and data providers may issue:

• Corrections
• Revisions
• Adjustments
• Corporate action updates
• Cancellations
• Other modifications

to previously disseminated market information.

Historical data may therefore differ from previously observed values.

12. BROKER RISKS

Brokerage services are provided by independent third parties.

TechRhombus does not control:

• Brokerage operations
• Broker infrastructure
• Broker risk controls
• Broker APIs
• Margin policies
• Order routing systems

Broker-related risks include:

• Order rejection
• Delayed execution
• Partial fills
• Margin calls
• Technical outages
• API failures
• Service interruptions
• Broker insolvency

13. EXCHANGE RISKS

Trading activity may be affected by:

• NSE outages
• BSE outages
• Trading halts
• Circuit breakers
• Exchange maintenance
• Market suspensions
• Regulatory interventions
• Exchange-side processing delays

TechRhombus shall not be responsible for losses arising from exchange-related events.

14. CONNECTIVITY AND INFRASTRUCTURE RISKS

Trading activity may be impacted by:

• Internet outages
• Telecommunications failures
• Cloud provider downtime
• Server failures
• Power outages
• DNS failures
• Cyberattacks
• DDoS attacks
• API disruptions
• Hardware failures

Such events may impair Platform availability and trading functionality.

15. THIRD-PARTY SERVICE RISKS

The Platform may depend upon:

• Brokers
• Exchanges
• Data vendors
• Cloud providers
• Payment processors
• Communication providers
• Other third-party services

TechRhombus is not responsible for interruptions, failures, delays, inaccuracies, or losses caused by third-party services.

16. REGULATORY AND COMPLIANCE RISKS

Financial markets and regulatory environments may change at any time.

Regulators, exchanges, brokers, and governmental authorities may introduce:

• New rules
• New reporting requirements
• Margin changes
• Trading restrictions
• Operational restrictions
• Licensing requirements
• Other regulatory measures

Such changes may affect Platform functionality, broker integrations, trading activity, or Strategy behavior.

17. EDUCATIONAL AND SUPPORT INFORMATION

TechRhombus may provide:

• Documentation
• Educational materials
• Examples
• Code samples
• Troubleshooting assistance
• Technical support
• General guidance

Such information is provided solely for informational and educational purposes.

Nothing provided by TechRhombus shall constitute:

• Investment advice
• Financial advice
• Trading recommendations
• Guarantees of performance

18. FORCE MAJEURE RISKS

TechRhombus shall not be responsible for disruptions arising from events beyond its reasonable control, including:

• Natural disasters
• Floods
• Fires
• Earthquakes
• Pandemics
• Government actions
• Regulatory restrictions
• Civil unrest
• Cyberattacks
• DDoS attacks
• Power failures
• Exchange outages
• Broker outages
• Cloud infrastructure failures
• Other force majeure events

19. NO PROFIT GUARANTEE

No representation or warranty is made that any:

• Strategy
• Indicator
• Algorithm
• Trading methodology
• Optimization result
• Backtest result
• Replay result
• Paper-trading result

will generate profits or avoid losses.

Past performance is not indicative of future results.

20. USER RESPONSIBILITY

Users remain solely responsible for:

• Strategy creation
• Strategy deployment
• Risk management
• Capital allocation
• Broker configuration
• Regulatory compliance
• Tax obligations
• Trading decisions

All profits and losses arising from use of the Platform remain solely the responsibility of the User.

ACKNOWLEDGEMENT

By using the Platform, the User acknowledges and agrees that:

• Trading involves substantial financial risk.
• Losses may occur, including complete loss of capital.
• Algorithmic trading introduces additional risks.
• Historical results do not guarantee future performance.
• Backtests and simulations may differ from live-market outcomes.
• TechRhombus acts solely as a technology provider.
• No trading outcome is guaranteed.
• The User assumes full responsibility for all trading activity conducted through the Platform.